Flexible Capital Policy Through Share Repurchases
First written in FY2020-Q2. 9 of 13 entries say "Advanced", first in FY2023. Latest entry: FY2027-H1.
- FY2027-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 13 May 2026, the Company has acquired 3,289,300 treasury shares. As a result of this and other transactions, treasury shares increased by ¥8,484 million during the six-month consolidated accounting period, and stood at ¥12,467 million at the end of that period.」
For the treasury share acquisition based on the resolution of 13 May 2026, the company acquired 3,289,300 shares for ¥8,484 million during the interim period. - 2026-07-30RestatedGovernance
「Nomination and Compensation Committees」
The existing process for determining executive compensation and other matters, including the Nomination and Compensation Committee, was reconfirmed by including it in the corporate governance structure chart. - FY2026AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2026, the company resolved matters relating to the acquisition of treasury shares.」
Under the resolution of 14 May 2025, the company acquired 5,135,100 shares for ¥9,999 million during the fiscal year, of which 6,562,727 shares were allocated to a share exchange with Daido Kogyo. In addition, on 13 May 2026, the company resolved to acquire up to 5,000,000 treasury shares for a maximum of ¥10 billion. - FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 14 May 2025, the Company has acquired 4,795,100 treasury shares. As a result of this and other transactions, treasury shares increased by ¥9,189 million during the six-month consolidated accounting period, and stood at ¥15,208 million at the end of that period.」
For the treasury share acquisition based on the resolution of 14 May 2025, the company acquired 4,795,100 shares for ¥9,189 million during the current interim consolidated accounting period and reflected the transaction in the treasury share balance. - FY2025AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 5,030,900 shares; ¥9,999 million.」
For the treasury share acquisition based on the resolution of 14 May 2024, the company acquired 5,030,900 shares for ¥9,999 million and cancelled the acquired shares on 31 March 2025. In addition, on 14 May 2025, the company resolved to acquire up to 6,500,000 shares for a maximum of ¥10 billion, for allocation to shares to be issued in connection with the business integration and to enable flexible capital policies. - FY2025-H1AdvancedAnnual report
「The company is acquiring 1,527,300 treasury shares based on a resolution of the Board of Directors adopted on 14 May 2024. As a result of this and other transactions, treasury shares increased by ¥9,085 million during the current interim consolidated accounting period, bringing treasury shares to ¥13,460 million at the end of the period.」
For the treasury share acquisition based on the resolution of 14 May 2024, the company acquired 1,527,300 shares for ¥9,085 million during the current interim consolidated accounting period and reflected the transaction in the treasury share balance. - FY2024-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 23 May 2023, the company repurchased 1,200,000 shares of treasury stock. As a result of this and other factors, treasury stock increased by ¥4,476 million during the cumulative third-quarter consolidated accounting period, and stood at ¥8,647 million at the end of the third-quarter consolidated accounting period.」
The treasury share acquisition based on the resolution of 23 May 2023 was reflected in the financial statements as 1,200,000 shares acquired for ¥4,476 million on a cumulative third-quarter basis, reaching the number of shares corresponding to the acquisition limit. - FY2024-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 23 May 2023, the Company has acquired 818,300 treasury shares. As a result of this and other transactions, treasury shares increased by ¥3,006 million during the six-month period ended 30 September, and stood at ¥7,177 million at the end of the second quarter of the consolidated fiscal year.」
For the treasury share acquisition based on the resolution of 23 May 2023, the company acquired 818,300 shares for ¥3,006 million on a cumulative second-quarter basis and reflected the transaction in the financial statements. - FY2024-Q1AdvancedAnnual report
「The company is acquiring 305,200 treasury shares based on a resolution of the Board of Directors adopted on 23 May 2023. As a result of this and other transactions, treasury shares increased by ¥1,075 million during the first quarter of the current fiscal year, bringing treasury shares to ¥5,246 million at the end of the first quarter.」
For the treasury share acquisition resolved in FY2023, the company acquired 305,200 shares for ¥1,075 million during the quarter and reflected the transaction in the financial statements. - FY2023AdvancedAnnual report
「To enable the flexible implementation of capital policies in response to changes in the business environment, enhance shareholder returns, and improve capital efficiency. To enhance shareholder value over the medium to long term, all acquired treasury shares will be cancelled. Maximum number of shares that may be acquired: 1,200,000 shares. Maximum total acquisition cost: ¥5 billion.」
On 23 May 2023, the company resolved to acquire up to 1,200,000 treasury shares for a maximum of ¥5 billion and to cancel all acquired shares. - FY2020RestatedAnnual report
「Treasury shares increased by ¥3,205 million as a result of acquisitions and other transactions.」
The acquisition of 840,000 treasury shares based on the resolution of 31 October 2019 was reflected in the financial statements for FY2020 as a ¥3,205 million increase in treasury shares. - FY2020-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors dated 31 October 2019, the Company has acquired 840,000 treasury shares. As a result of this and other treasury share transactions, treasury shares increased by ¥3,203 million during the nine-month period ended 31 December, and stood at ¥4,251 million at the end of the third quarter of the consolidated fiscal year.」
The acquisition of 840,000 treasury shares based on the resolution of 31 October 2019 was carried out and reflected in the quarterly financial statements as a ¥3,203 million increase in treasury shares. - FY2020-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 31 October 2019, the company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied mutatis mutandis pursuant to Article 165, paragraph 3 of the same Act. The acquisition of treasury shares based on this resolution ended on 5 November 2019. The purpose of the acquisition was to enable the flexible implementation of capital policies in response to changes in the business environment. Total number of shares acquired: 840,000 shares. Total acquisition cost: ¥3,200,400,000. Acquisition date: 5 November 2019.」
As a material subsequent event, the company reported for the first time an acquisition of treasury shares aimed at enabling flexible capital policies. The acquisition limit was 840,000 shares and the maximum acquisition cost was ¥3.4 billion; actual acquisitions were 840,000 shares at ¥3,200.4 million, and the acquisition ended on 5 November 2019.