Flexible Capital Policy Through Share Repurchases
First written in FY2017-Q2. 3 of 6 entries say "Advanced", first in FY2020. Latest entry: FY2022-Q3.
- FY2022-Q3AdvancedAnnual report
「Based on a Board of Directors resolution dated 27 October 2021, the Company resolved to dispose of treasury shares through a third-party allotment and disposed of 6,500,000 treasury shares. As a result of this disposal and other transactions, capital surplus increased by ¥1,511,145 thousand and treasury shares decreased by ¥1,338,730 thousand during the cumulative third quarter of the current consolidated fiscal year.」
The Company carried out a third-party allotment of 6,500,000 treasury shares to Hulic Co.,Ltd., changing the balances of capital surplus and treasury shares. - FY2021-Q2AdvancedAnnual report
「Based on a Board of Directors resolution dated 21 July 2020, the Company resolved to dispose of treasury shares through a third-party allotment and disposed of 3,508,800 treasury shares. As a result of this disposal, purchases of odd-lot shares and the disposal of treasury shares upon the exercise of stock options, capital surplus increased by ¥282,448 thousand and treasury shares decreased by ¥729,511 thousand during the cumulative second quarter of the current consolidated fiscal year.」
In addition to acquiring treasury shares, the Company disposed of 3,508,800 treasury shares through a third-party allotment, recording progress on a specific capital policy that changed the balances of capital surplus and treasury shares. - FY2021-Q1RestatedAnnual report
「Based on a Board of Directors resolution dated 10 February 2020, the Company acquired treasury shares. As a result, treasury shares increased by ¥735,518 thousand during the cumulative first quarter of the current consolidated fiscal year, including increases from the purchase of odd-lot shares, and totaled ¥2,459,580 thousand at the end of the first quarter of the current consolidated fiscal year.」
The acquisition of treasury shares resulted in an increase of ¥735,518 thousand in treasury shares during the cumulative quarter-to-date period. - FY2020AdvancedAnnual report
「Treasury shares are being acquired to increase shareholder value per share, pursue an agile capital policy that can respond flexibly to changes in the operating environment and return profits to shareholders.」
The results of a new treasury share acquisition are recorded: under a resolution authorizing the acquisition of up to 4 million shares for up to ¥1.2 billion, 3,267,500 shares were acquired for ¥1,038,292,700 between 12 February and 11 May 2020. - FY2017-Q3AchievedAnnual report
「Based on a Board of Directors resolution dated 26 September 2016, the Company acquired 2,734,000 treasury shares for ¥1,334,192 thousand during the cumulative third quarter of the current consolidated fiscal year. As a result of this acquisition, treasury shares totaled ¥1,393,979 thousand at the end of the third quarter of the current consolidated fiscal year. The acquisition of treasury shares pursuant to the Board of Directors resolution ended on 27 September 2016.」
The acquisition of 2,734,000 treasury shares was completed, and the acquisition pursuant to the Board of Directors resolution ended on 27 September 2016. - FY2017-Q2First statedAnnual report
「This is to pursue an agile capital policy in response to changes in the operating environment, improve capital efficiency and enhance shareholder returns, while holding the shares as treasury shares for use in future business alliances and other purposes.」
Treasury shares were acquired to pursue an agile capital policy, improve capital efficiency, enhance shareholder returns and use the shares in future business alliances. Against a limit of 2,800,000 shares and a maximum acquisition price of ¥1,366,400 thousand, 2,734,000 shares were acquired for ¥1,334,192 thousand.