Balancing Growth Investment, Financial Soundness and Shareholder Returns
First written in FY2016. 10 of 15 entries say "Advanced", first in FY2021. Latest entry: 2026-06-22.
- 2026-06-22AdvancedTreasury Shares
「The Company will acquire treasury shares to enable the flexible execution of its capital policy.」
The Company has determined a specific capital allocation measure: the acquisition of up to 900,000 treasury shares for a total acquisition cost of up to ¥2.0 billion during the period from 1 July 2026 to 18 September 2026. - FY2026AdvancedAnnual report
「During the current consolidated fiscal year, the Group used ¥2.675 billion for shareholder returns, including dividend payments and share buybacks, and ¥2.314 billion for growth investments, including purchases of property, plant and equipment.」
The Company disclosed capital allocation of ¥2.675 billion for shareholder returns and ¥2.314 billion for growth investments during the current fiscal year, while pursuing growth investment and shareholder returns while maintaining financial soundness. - FY2026-H1AdvancedAnnual report
「Cash used in financing activities was ¥1.222 billion, compared with cash used of ¥6.632 billion in the same period of the previous year. The main factors were ¥441 million in spending on the acquisition of treasury shares, ¥513 million in proceeds from the disposal of treasury shares and ¥1.442 billion in dividend payments.」
The Company carried out share buybacks, treasury share disposals and dividend payments during the current interim consolidated accounting period, providing specific disclosure of capital allocation through financing activities. - FY2025-H1AdvancedAnnual report
「Cash used in financing activities was ¥6.632 billion, compared with cash provided of ¥3.124 billion in the same period of the previous year. The main factors were a ¥4.800 billion decrease in short-term borrowings and ¥1.775 billion in dividend payments.」
The Company repaid short-term borrowings and paid dividends, giving concrete effect to its financing and shareholder return policies through capital allocation during the current interim consolidated accounting period. - FY2024-Q3AdvancedAnnual report
「This was mainly due to an increase of ¥1.693 billion from net income attributable to owners of the parent, offset by decreases of ¥1.197 billion for dividends from retained earnings, ¥1.575 billion for valuation differences on other securities and ¥1.236 billion for the acquisition of treasury shares.」
During the cumulative third quarter, the Company paid ¥1.197 billion in dividends and spent ¥1.236 billion on share buybacks, giving concrete effect to its capital allocation policy based on shareholder returns. - FY2024-Q2AdvancedAnnual report
「This was mainly due to an increase of ¥402 million from quarterly net income attributable to owners of the parent, offset by decreases of ¥1.197 billion for dividends from retained earnings and ¥1.201 billion for the acquisition of treasury shares.」
During the cumulative quarter, the Company paid ¥1.197 billion in dividends and spent ¥1.201 billion on share buybacks, giving concrete effect to its capital allocation among shareholder returns, growth investment and financial management. - FY2024-Q1AdvancedAnnual report
「Treasury shares increased by ¥1,200 million during the cumulative first quarter of the current consolidated fiscal year as a result of share buybacks and other transactions conducted pursuant to a resolution of the Board of Directors dated 12 May 2023.」
The Company carried out share buybacks during the quarter in line with its shareholder return policy and disclosed a ¥1.2 billion increase in treasury shares from the acquisition and other transactions. - FY2023AdvancedAnnual report
「During the current consolidated fiscal year, the Group used ¥1.495 billion for shareholder returns and ¥1.242 billion for growth investments.」
The Company disclosed the actual amounts allocated to shareholder returns and growth investments in fiscal 2022. - FY2021AdvancedAnnual report
「During the current consolidated fiscal year, the Group used ¥1.434 billion for shareholder returns and ¥1.381 billion for growth investments.」
The Company disclosed the actual amounts allocated to shareholder returns and growth investments, giving concrete effect to its capital allocation policy. - FY2018RestatedAnnual report
「The Company regards returning profits to shareholders as one of its key management priorities and has established a shareholder return policy based on optimizing the balance between financial soundness and returns to shareholders.」
The Company continues its capital management policy of emphasizing a balance among financial soundness, proactive investment and shareholder returns. - FY2017RestatedAnnual report
「The Company regards returning profits to shareholders as one of its key management priorities and has established a shareholder return policy based on optimizing the balance between financial soundness and returns to shareholders.」
The Company reconfirmed its capital management policy of emphasizing a balance among financial soundness, proactive investment and shareholder returns. - FY2017-Q2ReframedAnnual report
「To pursue these management priorities, the Company’s basic approach to optimal capital allocation is to fund growth investments using surplus funds and borrowings, while returning all profits to shareholders through dividends and share buybacks, thereby maximizing capital efficiency.」
The previous policy of balancing growth investment, financial soundness and shareholder returns was made more specific through a capital allocation approach under which growth investments are funded by surplus funds and borrowings, while all profits are returned through dividends and share buybacks. - FY2016First statedAnnual report
「The Company regards returning profits to shareholders as one of its key management priorities. Its basic policy for capital management and profit allocation is to maintain sufficient shareholders’ equity for sustainable growth while optimizing the balance between financial soundness and returns to shareholders.」
The Company’s basic approach to capital management is to maintain a balance among the capital required for growth, financial soundness and shareholder returns.