Share Repurchases as a Flexible Capital Policy
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2022.
95 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「Status of the resolution at the Board of Directors meeting (18 March 2022) (acquisition period: 22 March 2022 to 22 March 2022) 150,000 shares ¥88,950,000」
Under the framework for flexible capital policies, 135,100 treasury shares were acquired by resolution of the Board of Directors for a total of ¥80,114,300. - FY2021RestatedAnnual report
「With respect to the acquisition of treasury shares, the Company provides in its Articles of Incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, that it may acquire its own shares through market transactions or other methods by resolution of the Board of Directors, in order to enable flexible capital policies that respond to changes in the business environment.」
The framework in the Articles of Incorporation enabling the acquisition of treasury shares by resolution of the Board of Directors continues. No acquisition resolution was passed during the fiscal year. - FY2020RestatedAnnual report
「With respect to the acquisition of treasury shares, the Company provides in its Articles of Incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, that it may acquire its own shares through market transactions or other methods by resolution of the Board of Directors, in order to enable flexible capital policies that respond to changes in the business environment.」
The framework in the Articles of Incorporation enabling the acquisition of treasury shares by resolution of the Board of Directors continues. No resolution to acquire treasury shares was passed during the fiscal year. - FY2018RestatedAnnual report
「With respect to the acquisition of treasury shares, the Company provides in its Articles of Incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, that it may acquire its own shares through market transactions or other methods by resolution of the Board of Directors, in order to enable flexible capital policies that respond to changes in the business environment.」
The framework in the Articles of Incorporation enabling the acquisition of treasury shares by resolution of the Board of Directors continues. - FY2017RestatedAnnual report
「With respect to the acquisition of treasury shares, the Company provides in its Articles of Incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, that it may acquire its own shares through market transactions or other methods by resolution of the Board of Directors, in order to enable flexible capital policies that respond to changes in the business environment.」
The framework in the Articles of Incorporation enabling the acquisition of treasury shares by resolution of the Board of Directors continues. - FY2016First statedAnnual report
「With respect to the acquisition of treasury shares, the Company provides in its Articles of Incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, that it may acquire its own shares through market transactions or other methods by resolution of the Board of Directors, in order to enable flexible capital policies that respond to changes in the business environment.」
The Articles of Incorporation provide a framework enabling the acquisition of treasury shares by resolution of the Board of Directors.