Flexible capital policy and dividend decisions
First written in FY2016. 5 of 8 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2025-H1.
2 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「The acquisition of shares in Daikin Applied Systems and the disposal of treasury shares through a third-party allotment were completed on 1 October 2024.」
The disposal of 5,400,000 treasury shares through a third-party allotment in connection with the capital and business alliance with Daikin Industries was completed, and the treasury shares were used to fund the investment in the alliance partner. - FY2024-Q3AchievedAnnual report
「Including treasury shares acquired in the previous consolidated fiscal year, a total of 2,994,800 common shares were acquired for ¥10,073 million, and the acquisition under that resolution has ended.」
The acquisition of treasury shares based on the resolution of the Board of Directors held on 4 November 2022 was completed, totaling 2,994,800 shares and ¥10,073 million, and the acquisition under the resolution has ended. - FY2024-Q2AdvancedAnnual report
「The acquisition of treasury shares based on the resolution of the Board of Directors held on 4 November 2022 increased treasury shares by 1,539,200 during the six-month cumulative consolidated period.」
The treasury share acquisition continued, resulting in 1,539,200 shares and acquisition expenditure of ¥5,411 million recorded for the cumulative second quarter. - FY2024-Q1AdvancedAnnual report
「The acquisition of treasury shares based on the resolution of the Board of Directors held on 4 November 2022 increased treasury shares by 662,500 during the three-month cumulative consolidated period.」
The treasury share acquisition based on the 4 November 2022 resolution progressed, resulting in 662,500 shares and acquisition expenditure of ¥2,411 million recorded for the cumulative first quarter. - FY2023-Q3AdvancedAnnual report
「The acquisition of treasury shares based on the resolution of the Board of Directors held on 4 November 2022 increased treasury shares by 527,400 during the nine-month cumulative consolidated period.」
The treasury share acquisition based on the 4 November 2022 resolution was carried out, resulting in 527,400 shares and acquisition expenditure of ¥1,688 million recorded for the cumulative third quarter. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 November 2022, the Company approved matters relating to the acquisition of treasury shares pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act and the relevant provisions of its Articles of Incorporation.」
As a flexible capital policy in response to changes in the operating environment, the Company approved the acquisition of up to 4 million treasury shares, with a total acquisition cost capped at ¥10 billion. The acquisition period is from 7 November 2022 to 6 November 2023. - FY2020RestatedAnnual report
「The Company has provided in its Articles of Incorporation that dividends from surplus may be paid pursuant to a resolution of the Board of Directors in accordance with Article 459, Paragraph 1 of the Companies Act.」
The Company continues to maintain a Board of Directors resolution mechanism that enables flexible capital and dividend policies and responses to emergencies. - FY2016First statedAnnual report
「The Company has provided in its Articles of Incorporation that the Board of Directors may approve dividends from surplus, both to enable the flexible implementation of capital and dividend policies and as part of risk management aimed at responding to earthquakes and other emergencies.」
The Company enables the Board of Directors to determine dividends, linking flexibility in capital policy with responses to emergencies.