Flexibility of treasury share acquisitions by board resolution
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2025.
20 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Under Article 165, Paragraph 2 of the Companies Act, our Articles of Incorporation permit the company to acquire its own shares through market transactions and other means based on a resolution of the Board of Directors, enabling flexible financial and other management policies in response to economic changes.」
The company continues its policy of providing in its articles of incorporation for authority to acquire treasury shares through a Board of Directors resolution, enabling flexible financial policies. - FY2019First statedAnnual report
「Under Article 165, Paragraph 2 of the Companies Act, our Articles of Incorporation permit the company to acquire its own shares through market transactions and other means based on a resolution of the Board of Directors, enabling flexible financial and other management policies in response to economic changes.」
The Articles of Incorporation authorize share buybacks through market transactions and other means based on a Board resolution, allowing flexible financial policy.