Response to management focused on capital costs and the share price
First written in FY2023. 2 of 5 entries say "Advanced", first in FY2024. Latest entry: 2026-09-09.
31 other companies' latest entry also says "Advanced".
- FY2025RestatedAnnual report
「As specific activities of the Board of Directors during the fiscal year, in addition to matters for resolution and reporting prescribed in the Board rules, the Company deliberated on the outline of the next medium-term management plan, capital policy, executive compensation, M&A transactions, initiatives addressing sustainability issues, and measures to achieve management that is conscious of the cost of capital and share price, as requested by the Tokyo Stock Exchange.」
The Company continues to list capital policy, the next medium-term management plan, M&A, sustainability, and management that is conscious of the cost of capital and share price as matters for ongoing Board deliberation. - FY2024AdvancedAnnual report
「As specific activities of the Board of Directors during the fiscal year, in addition to matters for resolution and reporting prescribed in the Board rules, the Company deliberated on capital policy, including a review of the dividend policy, share buybacks and cross-shareholdings; revisions to executive compensation; M&A transactions; initiatives addressing sustainability issues; and measures to achieve management that is conscious of the cost of capital and share price, as requested by the Tokyo Stock Exchange.」
Management that is conscious of the cost of capital and share price has continued as a specific Board agenda item, including dividends, share buybacks, cross-shareholdings, executive compensation, M&A and sustainability. - FY2023First statedAnnual report
「As specific activities of the Board of Directors during the fiscal year, the Company deliberated on capital policy, including a review of the dividend policy and share buybacks; consideration of a review of the executive compensation system based on verification of its appropriateness; initiatives addressing sustainability issues; and measures to achieve management that is conscious of the cost of capital and share price, as requested by the Tokyo Stock Exchange.」
For the first time, the Company explicitly stated that the Board of Directors had deliberated on measures to achieve management that is conscious of the cost of capital and share price, in response to the Tokyo Stock Exchange's request.