Balancing Aggressive Growth Investment with Shareholder Returns
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2026-H1.
52 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 13 February 2026, the company conducted a share buyback during the period from 16 February 2026 to 30 June 2026, with an upper limit of 7,000,000 shares and ¥50,000 million in total. The company acquired 2,798,100 shares for a total acquisition cost of ¥29,927 million. The treasury shares acquired under the resolution are scheduled to be cancelled on 29 January 2027.」
As a specific measure to improve capital efficiency and enhance shareholder returns, the company conducted a share buyback with an upper limit of ¥50 billion, acquiring 2,798,100 shares for a total acquisition cost of ¥29,927 million. The acquired shares are scheduled to be cancelled on 29 January 2027. - FY2024ReframedAnnual report
「<Financial Strategy> Practising management with an awareness of the cost of capital; managing performance using ROIC and ROE; continuing proactive growth investment; enhancing shareholder returns」
The company has given concrete form to its previous policy of balancing growth investment and shareholder returns through the three pillars of ROIC and ROE management, growth investment, and shareholder returns under the Fourth Mid-term Management Plan. - FY2023RestatedAnnual report
「Balancing growth investment and shareholder returns; securing funding for future growth investment and shareholder returns」
The company continues to pursue a capital allocation policy that balances investment in existing and new businesses with shareholder returns, with an awareness of the cost of capital. - FY2022RestatedAnnual report
「<Financial Policy> Practising management with an awareness of the cost of capital; balancing growth investment and shareholder returns; securing funding for future growth investment and shareholder returns」
The company continues to pursue a capital allocation policy that balances growth investment and shareholder returns, with an awareness of the cost of capital. - FY2021RestatedAnnual report
「<Financial Policy> Practising management with an awareness of the cost of capital; balancing growth investment and shareholder returns; securing funding for future growth investment and shareholder returns」
The company continues to pursue a capital allocation policy that balances growth investment and shareholder returns, with an awareness of the cost of capital. - FY2017RestatedAnnual report
「The company will use retained earnings for R&D and capital investment to enhance corporate value and contribute to the return of profits to shareholders.」
The company reconfirmed a capital allocation policy that balances the use of retained earnings for R&D and capital investment with shareholder returns in line with profit growth. - FY2016First statedAnnual report
「The company will continue investing in R&D during the Second Mid-term Management Plan and achieve sustainable growth from fiscal 2018 onward. Balancing this with strategic investment, it will provide proactive shareholder returns.」
The company explicitly stated for the first time that R&D investment, strategic investment, and shareholder returns form an integrated capital allocation policy during the mid-term plan period.