Shareholder Returns and Improved Capital Efficiency through Share Buybacks and Tender Offers
First written in FY2018-Q1. 13 of 24 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-10-06.
- FY2026RaisedAnnual report
「On the same date, we announced an off-auction purchase of treasury shares, capped at 1,000,000 shares or ¥1.5 billion. During the fiscal year, 903,600 shares were purchased, for a total acquisition cost of ¥1.499 billion.」
The purchase of treasury shares approved in May 2025 was carried out for 903,600 shares and approximately ¥1.499 billion. In May 2026, a new purchase was approved with the acquisition limit expanded to 1,000,000 shares and ¥2 billion. - FY2026-H1AdvancedAnnual report
「On the same date, the company announced market purchases of its own shares up to a limit of 1 million shares or ¥1.5 billion. During the interim consolidated accounting period, it purchased 754,500 shares for a total acquisition price of ¥1,252 million.」
Regarding the market purchases of the company’s own shares resolved in May 2025, the company purchased 754,500 shares during the interim period for a total acquisition price of ¥1,252 million. - FY2025AdvancedAnnual report
「In February 2025, the company retired 2,000,000 treasury shares held by the company pursuant to a resolution of the Board of Directors.」
The company retired 2,000,000 treasury shares, advancing its capital policy related to shareholder returns and capital efficiency. After the filing date, it also resolved to conduct market purchases of up to 1,000,000 shares and ¥1.5 billion in total. - FY2024RestatedAnnual report
「Based on the resolution of the Board of Directors dated 10 May 2023, during the consolidated fiscal year the company acquired 500,000 treasury shares through market purchases, for a total acquisition price of ¥995,644,700, and retired 1,000,000 treasury shares on 8 September 2023.」
The company completed the acquisition of 500,000 treasury shares and the retirement of 1,000,000 shares, implementing measures to provide shareholder returns and improve capital efficiency. - FY2024-Q2AchievedAnnual report
「Based on the resolution of the Board of Directors dated 10 May 2023, during the cumulative second quarter of the consolidated fiscal year the company acquired 500,000 treasury shares through market purchases, for a total acquisition price of ¥995,644,700, and retired 1,000,000 treasury shares on 8 September 2023.」
Regarding the share repurchase resolved in the previous fiscal year, the company conducted market purchases of 500,000 shares for ¥995,644,700, and completed the retirement of 1,000,000 treasury shares on 8 September 2023. - FY2024-Q1AdvancedAnnual report
「During the cumulative first quarter of the consolidated fiscal year, treasury shares increased by ¥605,987 thousand as a result of market purchases of the company’s own shares.」
Regarding the share repurchase resolved in the previous fiscal year, the company conducted market purchases during the quarter, increasing treasury shares by ¥605,987 thousand. The retirement of 1,000,000 shares remains resolved, but the retirement date has not been determined. - FY2023AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 May 2023, the company resolved as follows regarding the acquisition of its own shares pursuant to the provisions of its Articles of Incorporation under Article 459, Paragraph 1 of the Companies Act.」
For the purpose of providing shareholder returns and improving capital efficiency, the company resolved to conduct market purchases from 11 May to 30 November 2023, up to a limit of 500,000 shares and ¥1 billion in total. It also resolved to retire 1,000,000 treasury shares. - FY2021AchievedAnnual report
「By resolution of the Board of Directors dated 5 February 2021, the company decided to retire treasury shares pursuant to Article 178 of the Companies Act.」
The retirement of 1,000,000 treasury shares was completed on 24 February 2021, moving the capital efficiency and shareholder return measures resolved in the previous quarter from the implementation stage to the completion stage. - FY2021-Q3Resolution to retire treasury sharesAnnual report
「By resolution of the Board of Directors dated 5 February 2021, the company decided to retire treasury shares pursuant to Article 178 of the Companies Act.」
The company resolved to retire 1,000,000 treasury shares, with 24 February 2021 scheduled as the retirement date, and proceeded with its capital policy following the share repurchase. - FY2020RestatedAnnual report
「In June 2019, the company decided to conduct a tender offer for its own shares with the aim of improving capital efficiency, and completed the acquisition in July of the same year.」
The company’s acquisition of 600,000 shares for ¥1,830,000 thousand through the tender offer for its own shares confirmed measures to provide shareholder returns and improve capital efficiency. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal year, treasury shares increased by ¥1,830,000 thousand as a result of the tender offer for the company’s own shares.」
The acquisition through the tender offer for the company’s own shares was recorded as a change in shareholders’ equity, reaffirming the share repurchase completed in July 2019. - FY2020-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 June 2019, the company resolved to repurchase its own shares and, as the specific method of repurchase, conduct a tender offer for its own shares, pursuant to Article 156, Paragraph 1 of the Companies Act as applied with the necessary changes under Article 459, Paragraph 1 of the Companies Act and the company’s Articles of Incorporation. The tender offer ended on 25 July 2019. Total number of shares tendered: 600,000 shares Total number of shares acquired: 600,000 shares Total acquisition price: ¥1,830,000,000」
The company conducted a new tender offer for its own shares and acquired 600,000 shares for a total of ¥1.83 billion. - FY2018-Q2AchievedAnnual report
「During the cumulative second quarter of the consolidated fiscal year, treasury shares increased by ¥1,796,400 thousand as a result of the tender offer for the company’s own shares.」
The tender offer for the company’s own shares was completed, and the acquisition of treasury shares with an acquisition cost of ¥1,796,400 thousand was recorded as a change in shareholders’ equity. - FY2018-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 26 June 2017, the company resolved to repurchase its own shares and, as the specific method of repurchase, conduct a tender offer for its own shares, pursuant to Article 156, Paragraph 1 of the Companies Act as applied with the necessary changes under Article 459, Paragraph 1 of the Companies Act and the company’s Articles of Incorporation. The tender offer ended on 25 July 2017. Maximum number of shares to be acquired: 660,100 shares Maximum total acquisition price: ¥1,976,339,400 Total number of shares tendered: 600,000 shares Total number of shares acquired: 600,000 shares Total acquisition price: ¥1,796,400,000」
The company first presented share repurchases independently as a capital policy contributing to shareholder returns and improved capital efficiency, including EPS and ROE. The tender offer ended, and 600,000 shares were acquired for ¥1,796,400,000.