Share Buyback to Enhance Shareholder Returns and Capital Efficiency
First written in FY2016-Q3. 5 of 10 entries say "Advanced", first in FY2016. Latest entry: FY2019-Q3.
- FY2019-Q3AchievedAnnual report
「The Company resolved to acquire 700,000 treasury shares. The acquisition under the resolution began on 7 January 2019 and ended on 30 April 2019.」
The acquisition of 700,000 treasury shares ended on 30 April 2019, completing the current acquisition program. - FY2019-Q2AdvancedAnnual report
「Net cash used in financing activities was ¥781 million, compared with ¥800 million used in the same quarter of the previous year. This was mainly due to ¥120 million in proceeds from the disposal of treasury shares and a ¥500 million increase in short-term borrowings, while the Company incurred ¥973 million in expenditure on the acquisition of treasury shares and ¥181 million in expenditure on the repayment of long-term borrowings.」
For the treasury share acquisition, the Company recorded ¥973 million in acquisition expenditure during the cumulative second-quarter period and continued the acquisition. - FY2019-Q1ReframedAnnual report
「On 4 January 2019, the Company cancelled 700,000 common shares pursuant to Article 178 of the Companies Act. The Company issued 700,000 common shares through a third-party allotment, with 4 January 2019 as the payment date.」
Following the treasury share acquisition, the Company cancelled 700,000 treasury shares and issued the same number of shares through a third-party allotment as part of its capital policy. - FY2018RaisedAnnual report
「Maximum number of shares to be acquired: 700,000; maximum total acquisition price: ¥1,500 million; acquisition period: 7 January 2019 to 30 September 2019; method: market purchases」
As a significant subsequent event, the Company newly resolved to acquire treasury shares, subject to a maximum of 700,000 shares and ¥1.5 billion, to improve capital efficiency and implement an agile capital policy. - FY2017AdvancedAnnual report
「This resulted from ¥535 million in expenditure on the acquisition of treasury shares.」
The Company proceeded with the treasury share acquisition resolved in January 2017 and recorded ¥535 million in acquisition expenditure during the consolidated fiscal year. - FY2017-Q3AdvancedAnnual report
「On the other hand, this was due to a ¥595 million decrease in capital surplus associated with the additional acquisition of subsidiary shares and other matters, and a ¥275 million increase in treasury shares associated with the purchase of treasury shares.」
The Company disclosed that treasury share purchases had progressed, resulting in a ¥275 million increase in treasury shares. - FY2017-Q2AdvancedAnnual report
「This was mainly due to a ¥481 million decrease in capital surplus associated with the acquisition of subsidiary shares and other matters, and an ¥89 million decrease in treasury shares associated with the purchase of treasury shares, while retained earnings increased by ¥552 million.」
The Company disclosed that it had conducted treasury share purchases, resulting in an ¥89 million decrease in treasury shares as of the end of the second quarter. - FY2017-Q1RaisedAnnual report
「The Company will acquire treasury shares to return profits to shareholders, improve capital efficiency, and implement an agile capital policy in response to changes in the business environment. Maximum number of shares to be acquired: 300,000; maximum total acquisition price: ¥500 million; acquisition period: 15 February 2017 to 31 May 2017; method: market purchases.」
For the treasury share acquisition, the Company resolved on a new acquisition with limits of 300,000 shares and ¥500 million, up from the previous limits of 200,000 shares and ¥300 million. - FY2016AdvancedAnnual report
「This resulted from ¥355 million in expenditure on the acquisition of treasury shares.」
The Company has progressed beyond the resolution stage for the treasury share acquisition and recorded ¥355 million in acquisition expenditure during the consolidated fiscal year. - FY2016-Q3First statedAnnual report
「The Company will acquire treasury shares to return profits to shareholders, improve capital efficiency, and implement an agile capital policy in response to changes in the business environment.」
The Company resolved to acquire treasury shares through market purchases from 8 August to 31 October 2016, subject to a maximum of 200,000 shares and a total purchase price of ¥300 million.