Improving Capital Efficiency Through Treasury Share Cancellation
First written in FY2016-Q1. 5 of 13 entries say "Achieved", first in FY2016. Latest entry: 2026-09-11.
41 other companies' latest entry also says "Advanced".
- FY2024-Q2AchievedAnnual report
「In addition, based on a resolution of the Board of Directors meeting held on 30 June 2023, the Company cancelled 3,000,000 treasury shares dated 31 January 2024, resulting in decreases of ¥38 million in capital surplus, ¥1,239 million in retained earnings and ¥1,278 million in treasury shares.」
The Company cancelled 3,000,000 treasury shares dated 31 January 2024 based on the June 2023 resolution and disclosed the accounting impact on capital surplus, retained earnings and treasury shares. - FY2023AdvancedAnnual report
「(2) Total number of shares to be cancelled: All treasury shares acquired under 3. above (1,000,000 shares) (3) Scheduled cancellation date: Undecided」
Disclosed a resolution to cancel all 1,000,000 shares acquired under the treasury share repurchase plan, with the scheduled cancellation date undecided. - FY2022AchievedAnnual report
「Pursuant to a resolution at a meeting of the Board of Directors held on 26 April 2022, the company cancelled 1,465,800 treasury shares effective 25 July 2022.」
Disclosed that the acquisition of 1,465,800 shares and the cancellation dated 25 July 2022 had been completed in connection with the repurchase and cancellation of treasury shares resolved in Q3 FY2022. - FY2022-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 April 2022, the company resolved matters relating to the acquisition of treasury shares pursuant to the articles of incorporation under Article 459, Paragraph 1, Item 1 of the Companies Act, and also resolved, pursuant to Article 178 of the Companies Act, to cancel the treasury shares. The company decided to carry out the acquisition and cancellation. Total number of shares to be cancelled: All treasury shares acquired under 2. above Scheduled cancellation date: Undecided」
The company disclosed a new resolution to cancel all shares acquired after the acquisition of treasury shares, adding a measure to improve capital efficiency through the cancellation of treasury shares. - FY2020-Q2AchievedAnnual report
「Details of the cancellation of treasury shares 1. Class of shares to be cancelled: Common shares of the company 2. Number of shares to be cancelled: 2,455,454 shares (10.14% of the total number of issued shares before the cancellation) 3. Cancellation date: 28 February 2020* 4. Total number of issued shares after the cancellation: 21,758,106 shares」
Ahead of the initially scheduled date of 15 May 2020, the company cancelled 2,455,454 treasury shares on 28 February 2020. It disclosed that the cancellation plan following the acquisition of treasury shares had been completed. - FY2019AdvancedAnnual report
「Number of shares to be cancelled: 300,054 shares and all treasury shares acquired under 2. above Scheduled cancellation date: 15 May 2020」
The company disclosed a plan to cancel its 300,054 treasury shares held and all treasury shares to be acquired in the future on 15 May 2020. - FY2018-Q2AchievedAnnual report
「Because the ownership percentage relative to the total number of issued shares was high, in order to eliminate concerns about dilution of shareholder value through future disposals and other actions」
The company cancelled all 1,019,270 treasury shares on 7 February 2018 and disclosed that it had completed its response to concerns about dilution through the cancellation of treasury shares. - FY2016AchievedAnnual report
「Pursuant to a resolution at a meeting of the Board of Directors held on 15 December 2015, the company cancelled 7,846,200 treasury shares effective 1 January 2016.」
The company disclosed that the cancellation of 7,846,200 treasury shares to improve capital efficiency had been completed. - FY2016-Q3Additional disclosure on the impact of treasury share cancellation on capitalAnnual report
「At a meeting of the Board of Directors held on 15 December 2015, the company resolved to cancel 7,846,200 treasury shares and cancelled them effective 1 January 2016. As a result, retained earnings and treasury shares each decreased by ¥326.925 million during the cumulative third quarter of the consolidated fiscal year.」
The company additionally disclosed the accounting impact of the treasury share cancellation already carried out: retained earnings and treasury shares each decreased by ¥326.925 million. - FY2016-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 15 December 2015, the company resolved, pursuant to Article 178 of the Companies Act, to cancel part of its treasury shares as follows, and cancelled them effective 1 January 2016. (1) Reason for cancellation: Improving capital efficiency (4) Number of shares to be cancelled: 7,846,200 shares (26.2% of the total number of issued shares before the cancellation)」
The company disclosed the specific resolution and number of shares for cancelling part of its treasury shares to improve capital efficiency.