Share Repurchases as an Agile Capital Policy
First written in FY2016. 15 of 17 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 February 2026, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act as applied by replacing the terms under Article 165, Paragraph 3 of that Act. Based on this resolution, the Company acquired 7,684,100 common shares for ¥19,999 million through market purchases on the Tokyo Stock Exchange during the consolidated fiscal year.」
As a reallocation of funds intended for large-scale M&A, the Company acquired 7,684,100 treasury shares for ¥19,999 million during the fiscal year and implemented a flexible capital policy. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 May 2025, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act and cancelled 20,000,000 treasury shares effective 23 May 2025. At a meeting of the Board of Directors held on the same day, it also resolved to acquire treasury shares pursuant to Article 156 of the Companies Act as applied by replacing the terms under Article 165, Paragraph 3 of that Act. Based on this resolution, the Company acquired 3,818,600 common shares for ¥11,999 million through market purchases on the Tokyo Stock Exchange during the interim consolidated accounting period.」
After cancelling 20 million treasury shares, the Company acquired 3,818,600 shares for ¥11,999 million during the interim period and continued its capital policy through acquisitions and cancellations. - FY2025AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 3,549,800 shares, ¥9,999 million.」
Under the acquisition program resolved in May 2024, the Company acquired 3,549,800 treasury shares for approximately ¥10,000 million during the fiscal year. After the filing, it also cancelled 20 million shares. - FY2025-H1AdvancedAnnual report
「Furthermore, based on the acquisition of treasury shares resolved at a meeting of the Board of Directors held on 10 May 2024, pursuant to Article 156 of the Companies Act as applied by replacing the terms under Article 165, Paragraph 3 of that Act, the Company acquired 3,549,800 common shares for ¥9,999 million through market purchases on the Tokyo Stock Exchange during the interim consolidated accounting period.」
Under the acquisition program resolved in May 2024, the Company acquired 3,549,800 treasury shares for ¥9,999 million through market purchases during the interim period. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors dated 10 May 2024, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act as applied by replacing the terms under Article 165, Paragraph 3 of that Act.」
Under the previous fiscal year's acquisition program, the Company acquired 4,782,700 shares for approximately ¥10,000 million and approved a new acquisition program capped at 7 million shares and ¥10,000 million, with an acquisition period from May 2024 to March 2025. - FY2024-Q3AdvancedAnnual report
「Based on the acquisition of treasury shares resolved at meetings of the Board of Directors held on 28 April 2023 and 31 August 2023, pursuant to Article 156 of the Companies Act as applied by replacing the terms under Article 165, Paragraph 3 of that Act, the Company acquired 4,782,700 common shares through market purchases on the Tokyo Stock Exchange during the third quarter accounting period.」
Under the acquisition programs resolved in April and August 2023, the Company acquired 4,782,700 treasury shares through market purchases during the third quarter accounting period. Share repurchases have continued to be executed. - FY2023AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 April 2023, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act as applied by replacing the terms under Article 165, Paragraph 3 of that Act.」
Following the previous fiscal year's share repurchases and cancellation of 25 million shares, the Company approved a new share repurchase program capped at 8 million shares and ¥10,000 million for the period from May to September 2023. - FY2023-Q2AdvancedAnnual report
「As a result of spending ¥4,981 million on the acquisition of treasury shares and ¥4,453 million on dividend payments, among other items, net cash used in financing activities during the six-month period ended the second quarter was ¥10,114 million, compared with ¥5,587 million used in the same period of the previous year.」
The Company spent ¥4,981 million on share repurchases during the cumulative period under review and continued to implement a flexible capital policy, including acquisitions and cancellations. - FY2023-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2022, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act and cancelled 25,000,000 shares effective 24 May 2022.」
Following acquisitions under the share repurchase program, the Company cancelled 25,000,000 treasury shares, expanding its flexible capital policy from repurchases to cancellations as well. - FY2022AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 12,560,300; 25,024」
Under the acquisition program resolved on 8 November 2021, the Company acquired 12,560,300 treasury shares for ¥25,024 million during the fiscal year. Its flexible capital policy progressed from the resolution stage to the execution stage. - FY2022-Q3AdvancedAnnual report
「Based on the acquisition of treasury shares resolved at the Board of Directors meeting held on 8 November 2021, pursuant to Article 156 of the Companies Act as applied by replacing the terms under Article 165, Paragraph 3 of that Act, the Company acquired 3,771,600 common shares through market purchases on the Tokyo Stock Exchange during the third quarter accounting period.」
Under the share repurchase program resolved in November 2021, the Company acquired 3,771,600 shares through market purchases during the third quarter accounting period, moving its capital policy into the execution stage. - FY2022-Q2RaisedAnnual report
「Maximum number of shares that may be acquired: 24,000,000 shares (maximum), representing 10.19% of the total number of issued shares excluding treasury shares; maximum total acquisition cost: ¥30,000 million; acquisition period: 9 November 2021 to 30 June 2022; acquisition method: market purchases on the Tokyo Stock Exchange」
A new large-scale share repurchase program was established, with acquisitions capped at 24 million shares and ¥30,000 million, through market purchases from 9 November 2021 to 30 June 2022. - FY2016First statedAnnual report
「The purpose is to implement a flexible capital policy.」
Under the share repurchase resolution of February 2015, the Company acquired 3,098,400 shares for ¥5,536 million during the fiscal year, and held 31,834,807 treasury shares at the fiscal year-end.