Shareholder returns and improved capital efficiency through share repurchases
First written in FY2023-Q1. 4 of 5 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Treasury shares acquired during the fiscal year 17,600 55,088,000」
Regarding the treasury share acquisition, 17,600 shares were acquired for ¥55,088,000 during the fiscal year, bringing treasury shares held to 106,376. - FY2024-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 1 April 2024, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, paragraph 3 of the Act, and completed the acquisition of treasury shares on 2 April 2024. 1. Purpose of acquiring treasury shares To enhance shareholder returns and improve capital efficiency 2. Details of the acquisition (1) Class of shares acquired: Common shares of the Company (2) Total number of shares acquired: 5,600 shares (Ratio to total issued shares excluding treasury shares: 0.33%) (3) Total acquisition cost: ¥21,588,000 (4) Acquisition date: 2 April 2024 (5) Acquisition method: Off-auction purchase through the Tokyo Stock Exchange’s Treasury Share Off-Auction Purchase Transaction (ToSTNeT-3)」
The treasury share acquisition was completed on 2 April 2024 through the acquisition of 5,600 shares for a total of ¥21,588,000. The acquisition was made to enhance shareholder returns and improve capital efficiency, against an acquisition limit of 6,000 shares and ¥23,130,000. - FY2023AdvancedAnnual report
「Treasury shares acquired during the fiscal year 5,400 10,837,800」
Regarding the treasury share acquisition resolution, 5,400 shares were acquired for ¥10,837,800 during the fiscal year. The remaining acquisition capacity against the limit of 20,000 shares was 14,600 shares. - FY2023-Q2AdvancedAnnual report
「Cash outflows for acquisition of treasury shares △ 10」
Regarding the acquisition of treasury shares, an outflow of ¥10 million was recognized during the second quarter cumulative period, indicating progress in execution following the acquisition resolution. - FY2023-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 7 November 2022, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, paragraph 3 of the Act. 1. Purpose of acquiring treasury shares The acquisition was resolved to enhance shareholder returns and improve capital efficiency. 2. Details of the acquisition (1) Class of shares to be acquired: Common shares of the Company (2) Total number of shares to be acquired: 20,000 shares (maximum) (Ratio to total issued shares excluding treasury shares: 1.19%) (3) Total acquisition cost: ¥40,000,000 (maximum) (4) Acquisition period: 1 December 2022 to 31 December 2022 (5) Acquisition method: Treasury Share Off-Auction Purchase Transaction (ToSTNeT-3)」
The Company initially resolved to acquire treasury shares to enhance shareholder returns and improve capital efficiency. The acquisition limits were 20,000 shares, ¥40 million and 1.19% of issued shares excluding treasury shares, and the acquisition period and method were also specified.