Shareholder Returns and Improved Capital Efficiency Through Treasury Stock Purchases
First written in FY2023-Q1. 3 of 4 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2023.
- FY2023AdvancedAnnual report
「Treasury shares acquired during the fiscal year 1,726,600」
Under the treasury-share acquisition policy, the company acquired 1,726,600 treasury shares during the fiscal year at an acquisition price of ¥1.29 billion. - FY2023-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 May 2022, the company passed a resolution concerning the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of the same Act, and acquired 1,489,700 treasury shares during the cumulative third-quarter consolidated period.」
Under the treasury-share acquisition policy, cumulative acquisitions through the third quarter reached 1,489,700 shares, building on the 686,000 shares acquired through the second quarter. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 May 2022, the company passed a resolution concerning the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary modifications under Article 165, Paragraph 3 of the same Act, and acquired 686,000 treasury shares during the cumulative second-quarter consolidated period.」
Under the treasury-share acquisition policy, the company acquired 686,000 shares during the cumulative second quarter following the resolution of 31 May 2022 and recorded an acquisition price of ¥493.752 million. - FY2023-Q1First statedAnnual report
「The objective is to increase shareholder value by enhancing shareholder returns and improving capital efficiency, while pursuing flexible capital policies.」
At a meeting of the Board of Directors held on 31 May 2022, the company disclosed for the first time a policy of acquiring treasury shares through market purchases from 1 June to 30 November 2022, subject to a maximum of 2,000,000 common shares and a maximum total acquisition price of ¥1.6 billion.