Share Repurchases to Improve Capital Efficiency
First written in FY2021. 2 of 4 entries say "Cited as achieved", first in FY2022-Q2. Latest entry: FY2022-Q3.
- FY2022-Q3Cited as achievedAnnual report
「Net assets were ¥8,929.146 million, a decrease of ¥234.973 million from the end of the previous fiscal year. The main factors were an increase of ¥47.482 million in stock acquisition rights and an increase of ¥17.537 million in retained earnings, offset by a ¥299.993 million decrease due to the acquisition of treasury shares.」
The ¥299.993 million decrease due to the acquisition of treasury shares completed in the previous quarter was cited as the primary cause of the decrease in net assets. - FY2022-Q2Cited as achievedAnnual report
「This was mainly due to expenditure of ¥299.993 million for the acquisition of treasury shares.」
The ¥299.993 million spent on the treasury share acquisition completed in the previous quarter was cited as the primary cause of the decrease in cash from financing activities for the six months ended the second quarter. - FY2022-Q1AchievedAnnual report
「With this acquisition, the acquisition of treasury shares based on the Board of Directors' resolution dated 14 January 2022 was completed. The cumulative total of treasury shares acquired is as follows. Class of shares acquired: Common shares of the company Total number of shares acquired: 655,100 shares Total acquisition price: ¥299,993,200」
The treasury share acquisition intended to improve capital efficiency and pursue a flexible capital policy was completed. The company acquired 655,100 shares for ¥299,993,200, against the limits of 800,000 shares and ¥300 million. - FY2021First statedAnnual report
「To improve capital efficiency and pursue a flexible capital policy in response to changes in the business environment, as a strategic management decision premised on enhancing shareholder and enterprise value over the long term. Maximum number of shares that may be acquired: 800,000 shares. Maximum aggregate acquisition price: ¥300 million. Acquisition period: 17 January 2022 to 8 March 2022.」
The company resolved to acquire treasury shares, up to 800,000 shares and ¥300 million in total, to improve capital efficiency and pursue a flexible capital policy. The acquisition period was from 17 January 2022 to 8 March 2022.