Flexible capital policy
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2025-H1.
22 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「We have entered into overdraft agreements and loan commitment agreements with 4 transaction banks and 1 life insurance company to efficiently secure working capital. The total overdraft limit and loan commitment amount, as well as the undrawn borrowing balance at the end of the interim accounting period, was ¥4,200 million.」
The company maintains its agreements with 4 transaction banks and 1 life insurance company, together with the ¥4,200 million limit and undrawn borrowing balance, and continues to maintain a flexible funding framework. - FY2024-Q1RestatedAnnual report
「We have entered into overdraft agreements and loan commitment agreements with 4 transaction banks and 1 life insurance company to efficiently secure working capital. The total overdraft limit and loan commitment amount, as well as the undrawn borrowing balance at the end of the first quarter, was ¥4,200 million.」
The company maintains its agreements with 4 transaction banks and 1 life insurance company, together with the ¥4,200 million limit and undrawn borrowing balance, and continues to maintain a flexible funding framework. - FY2022-Q3RestatedAnnual report
「We have entered into overdraft agreements and loan commitment agreements with 4 transaction banks and 1 life insurance company to efficiently secure working capital. The total overdraft limit and loan commitment amount, as well as the undrawn borrowing balance at the end of the third quarter, was ¥4,200 million.」
The company reconfirmed its agreements with 4 transaction banks and 1 life insurance company, together with the ¥4,200 million limit and undrawn borrowing balance, and maintains a flexible funding framework. - FY2020-Q2AdvancedAnnual report
「This was mainly due to dividend payments of ¥235.921 million and ¥136.100 million in cash used to acquire treasury shares.」
The company recorded ¥136.100 million in cash used to acquire treasury shares, implementing a flexible capital policy in concrete terms. - FY2018RestatedAnnual report
「During the fiscal year, the company acquired 187,800 treasury shares for a total acquisition cost of ¥129.957 million.」
Regarding the acquisition of treasury shares based on a board resolution, the company states that it acquired 187,800 shares for ¥129.957 million during the fiscal year. - FY2018-Q2AdvancedAnnual report
「Net cash used in financing activities was ¥330 million. This was mainly due to dividend payments of ¥183 million and ¥129 million in cash used to acquire treasury shares.」
The company recorded ¥129 million in cash used to acquire treasury shares, implementing a flexible capital policy in concrete terms. - FY2017AdvancedAnnual report
「At a board meeting held on 22 February 2017, the company resolved to acquire treasury shares, and completed the acquisition on 23 February 2017 through a treasury-share off-auction transaction on the Tokyo Stock Exchange (ToSTNeT-3).」
As a specific implementation of a flexible capital policy, the company completed the acquisition of 12,000 treasury shares for ¥6.348 million. - FY2016First statedAnnual report
「To improve capital efficiency and implement flexible capital policies in response to the management environment, our articles of incorporation provide that the company may acquire its own shares through market transactions and other methods specified in paragraph 1 of Article 165 of the Companies Act, pursuant to a resolution of the board of directors under paragraph 2 of that article.」
The company cites improved capital efficiency and flexible capital policies as the purpose of the authority to acquire treasury shares under its articles of incorporation.