Authority for Board Resolutions on Share Repurchases and Dividends of Surplus
First written in FY2018. 3 of 4 entries say "Restated". Latest entry: FY2024.
21 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Pursuant to a resolution at the Annual General Meeting of Shareholders held on 28 June 2018, the Articles of Incorporation provide that, to facilitate flexible capital and dividend policies, matters prescribed in the respective items of Article 459, Paragraph 1 of the Companies Act, including the acquisition of treasury shares and the payment of dividends from surplus, may be determined by resolution of the Board of Directors rather than by resolution of a General Meeting of Shareholders, except where otherwise provided by law.」
The Company has reconfirmed the provision in its Articles of Incorporation allowing the acquisition of treasury shares and the payment of dividends from surplus, among other matters, to be determined by resolution of the Board of Directors. - FY2020RestatedAnnual report
「Pursuant to a resolution at the Annual General Meeting of Shareholders held on 28 June 2018, the Articles of Incorporation provide that, to facilitate flexible capital and dividend policies, matters prescribed in the respective items of Article 459, Paragraph 1 of the Companies Act, including the acquisition of treasury shares and the payment of dividends from surplus, may be determined by resolution of the Board of Directors rather than by resolution of a General Meeting of Shareholders, except where otherwise provided by law.」
The Company has reconfirmed the provision in its Articles of Incorporation allowing the acquisition of treasury shares and the payment of dividends from surplus, among other matters, to be determined by resolution of the Board of Directors. - FY2019RestatedAnnual report
「Pursuant to a resolution at the Annual General Meeting of Shareholders held on 28 June 2018, the Articles of Incorporation provide that, to facilitate flexible capital and dividend policies, matters prescribed in the respective items of Article 459, Paragraph 1 of the Companies Act, including the acquisition of treasury shares and the payment of dividends from surplus, may be determined by resolution of the Board of Directors rather than by resolution of a General Meeting of Shareholders, except where otherwise provided by law.」
The Company has reconfirmed the provision in its Articles of Incorporation allowing the acquisition of treasury shares and the payment of dividends from surplus, among other matters, to be determined by resolution of the Board of Directors. - FY2018First statedAnnual report
「Pursuant to a resolution at the Annual General Meeting of Shareholders held on 28 June 2018, the Articles of Incorporation provide that, to facilitate flexible capital and dividend policies, matters prescribed in the respective items of Article 459, Paragraph 1 of the Companies Act, including the acquisition of treasury shares and the payment of dividends from surplus, may be determined by resolution of the Board of Directors rather than by resolution of a General Meeting of Shareholders, except where otherwise provided by law.」
The Articles of Incorporation provide that the acquisition of treasury shares and the payment of dividends from surplus, among other matters, may be determined by resolution of the Board of Directors, reflecting the Company's flexible capital and dividend policies.