Share Repurchases as an Agile Capital Policy
First written in FY2017. 7 of 11 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2024.
95 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Resolution by the Board of Directors on 31 October 2023 (acquisition period: 1 November 2023 to 31 March 2024): 160,000 shares, ¥100 million; treasury shares acquired during the fiscal year: 99,300 shares, ¥51 million; remaining shares and total value under the resolution: 60,700 shares, ¥48 million.」
For the treasury share acquisition resolved in October 2023, the Company acquired 99,300 shares for ¥51 million and disclosed the remaining authorization of 60,700 shares and ¥48 million. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 October 2023, the Company resolved the following matters concerning 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 same Act. The Company is acquiring treasury shares in order to pursue a flexible capital policy in response to changes in the business environment. Maximum number of shares to be acquired: 160,000 shares; maximum total acquisition cost: ¥100 million; acquisition period: 1 November 2023 to 31 March 2024.」
As part of a flexible capital policy, newly resolved to acquire up to 160,000 treasury shares for a total of ¥100 million and set the acquisition period. - FY2022AdvancedAnnual report
「Resolution by the Board of Directors on 29 October 2021 (acquisition period: 1 November 2021 to 31 March 2022): 110,000 shares, ¥100 million; treasury shares acquired during the fiscal year: 89,100 shares, ¥64 million; remaining shares and total value under the resolution: 20,900 shares, ¥35 million.」
For the treasury share acquisition resolved in October 2021, the Company acquired 89,100 shares for ¥64 million, leaving 20,900 of the 110,000 authorized shares. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the Company resolved the following matters concerning 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 same Act. 1. Reason for acquiring treasury shares: The Company is acquiring treasury shares in order to pursue a flexible capital policy in response to changes in the business environment. 2. Details of the acquisition: (1) Class of shares to be acquired: common shares of the Company; (2) maximum number of shares to be acquired: 110,000 shares; (3) maximum total acquisition cost: ¥100 million; (4) acquisition period: 1 November 2021 to 31 March 2022.」
Following completion of the treasury share acquisition, newly resolved to acquire up to 110,000 shares for ¥100 million and set the acquisition period from November 2021 to March 2022. - FY2019AchievedAnnual report
「Resolution by the Board of Directors on 9 November 2018 (acquisition period: 12 November 2018 to 29 March 2019): 80,000 shares, ¥120 million; treasury shares acquired during the fiscal year: 80,000 shares, ¥81 million; remaining shares and total value under the resolution: —, ¥38 million.」
The treasury share acquisition resolved in November 2018 was completed after all 80,000 authorized shares had been acquired. The acquisition cost was ¥81 million, leaving ¥38 million of the ¥120 million monetary limit unused. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 November 2018, the Company resolved the following matters concerning 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 same Act. 1. Reason for acquiring treasury shares: The Company is acquiring treasury shares in order to pursue a flexible capital policy in response to changes in the business environment. 2. Details of the acquisition: (1) Class of shares to be acquired: common shares of the Company; (2) maximum number of shares to be acquired: 80,000 shares; (3) maximum total acquisition cost: ¥120 million; (4) acquisition period: 12 November 2018 to 29 March 2019.」
As part of a flexible capital policy, newly resolved to acquire up to 80,000 treasury shares for a total of ¥120 million and set the acquisition period. - FY2018AdvancedAnnual report
「Resolution by the Board of Directors on 9 May 2017 (acquisition period: 10 May 2017 to 29 December 2017): 220,000 shares, ¥230 million; treasury shares acquired during the fiscal year: 158,000 shares, ¥152 million; remaining shares and total value under the resolution: 62,000 shares, ¥77 million.」
Against the resolution to acquire up to 220,000 shares for ¥230 million, the Company acquired 158,000 shares for ¥152 million during the fiscal year and disclosed the remaining authorization. - FY2018-Q3AdvancedAnnual report
「The main factors were a ¥391 million increase in retained earnings and a ¥64 million increase in valuation difference on available-for-sale securities, despite a ¥152 million increase in treasury shares, which reduced net assets.」
Confirmed a ¥152 million increase in treasury shares at the end of the third quarter, indicating that the acquisition of treasury shares and the resulting increase in the balance were continuing. - FY2018-Q2Treasury Share Repurchase ConductedAnnual report
「The main factors included dividend payments, expenditure on the acquisition of treasury shares, and expenditure on the repayment of long-term borrowings.」
Recorded ¥131 million in expenditure on the acquisition of treasury shares during the cumulative second quarter, with the treasury share balance also increasing by ¥131 million. - FY2018-Q1Confirmed an increase in the treasury share balance.Annual report
「The main factors were a ¥60 million decrease in retained earnings and a ¥48 million increase in treasury shares.」
The quarterly-end financial position analysis disclosed a ¥48 million increase in treasury shares. The method of acquiring the treasury shares was not specified in the main text. - FY2017First statedAnnual report
「The Company is acquiring treasury shares in order to pursue a flexible capital policy in response to changes in the business environment. Maximum number of shares to be acquired: 220,000 shares; maximum total acquisition cost: ¥230 million; acquisition period: 10 May 2017 to 29 December 2017.」
As a material subsequent event after the filing date, resolved to acquire treasury shares through market purchases on the Tokyo Stock Exchange.