Acquisition of Treasury Shares as a Flexible Capital Policy
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Status of resolution by the Board of Directors (14 February 2025) 147,500 1,519,250,000」
Based on a resolution of the Board of Directors, the Company acquired 141,000 treasury shares for ¥1,239.39 million. The flexible capital policy was implemented through an actual acquisition of treasury shares. - FY2019RestatedAnnual report
「With respect to the acquisition of treasury shares, the Company has provided in its Articles of Incorporation that it may acquire its own shares through market transactions or other means pursuant to a resolution of the Board of Directors under Article 165, Paragraph 2 of the Companies Act, in order to pursue a flexible capital policy in response to changes in economic conditions.」
The policy set out in the Articles of Incorporation allowing the Board of Directors to acquire treasury shares as a flexible capital policy remains in place. No acquisitions were made pursuant to a Board resolution during the fiscal year. - FY2016First statedAnnual report
「With respect to the acquisition of treasury shares, the Company has provided in its Articles of Incorporation that it may acquire its own shares through market transactions or other means pursuant to a resolution of the Board of Directors under Article 165, Paragraph 2 of the Companies Act, in order to pursue a flexible capital policy in response to changes in economic conditions.」
During the fiscal year, the Company acquired 2,300,000 treasury shares for ¥1,267 million based on a resolution of the Board of Directors.