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MS&Consulting (6555) · InitiativeRaised

Shareholder Returns and Improved Capital Efficiency Through the Acquisition and Cancellation of Treasury Shares

First written in FY2019. 11 of 19 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-10-15.

19entries
8years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2020 – FY2021-Q3AdvancedFY2022-Q3 – FY20242019: 320192020: 420202021: 220212022: 120222023: 320232024: 120242025: 120252026: 42026
Same theme, other companies
Shareholder Returns and Capital Policy through Treasury Share Acquisitions and CancellationsA theme 217 companies write about · 0 as a headwind · 218 as a tailwind

93 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 219 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RaisedAnnual report

    「The purchase limit in this program is equivalent to 15.5% of the total number of issued shares, excluding treasury shares. The Company does not currently plan to cancel the treasury shares acquired and expects to use them as part of a flexible capital policy, including for its share-based compensation system and other incentive plans for officers and employees, as well as consideration when executing growth strategies such as future capital and business alliances.」

    The Company resolved to acquire up to 700,000 treasury shares for up to ¥350 million from 16 October 2026 to 15 October 2027. It has expanded the planned uses of the acquired shares beyond cancellation to include share-based compensation and future capital and business alliances.
  2. FY2026AdvancedAnnual report

    「Through the disposal of treasury shares based on a resolution of the Board of Directors held on 10 October 2025, the company allocated 236,000 common shares to Wiz (9.97% of voting rights held after the disposal of treasury shares and 9.75% of total shares issued as of 31 August 2025), and payment was completed on 27 October 2025.」

    In addition to using treasury shares for shareholder returns and capital efficiency improvements, the company disposed of an additional 236,000 shares for a business and capital alliance with Wiz, bringing cumulative treasury share disposals to 448,400 shares.
  3. FY2026-H1Treasury shares used for a capital alliance rather than shareholder returnsAnnual report

    「Through this disposal of treasury shares, the company allocated 212,400 common shares to Wiz (5.00% of voting rights held after the disposal of treasury shares …), and payment was completed on 1 May 2025.」

    Unlike the acquisition and cancellation of treasury shares to enhance shareholder returns and improve capital efficiency, the company disposed of 212,400 treasury shares for a business and capital alliance with Wiz.
  4. FY2024AdvancedAnnual report

    「Increase from the acquisition of treasury shares pursuant to a resolution of the Board of Directors: 339,532 shares」

    The company acquired 339,532 treasury shares during the fiscal year, bringing treasury shares outstanding at the fiscal year-end to 570,601, or 12.45% of total shares issued. Measures to enhance shareholder returns and improve capital efficiency through treasury share acquisitions progressed.
  5. FY2024-Q2AdvancedAnnual report

    「Increase from the acquisition of treasury shares pursuant to a resolution of the Board of Directors: 339,500 shares」

    The company acquired 339,500 treasury shares, bringing treasury shares outstanding at the fiscal year-end to 570,601 shares, valued at ¥364.691 million. Treasury share acquisitions to enhance shareholder returns and improve capital efficiency progressed.
  6. FY2024-Q1AdvancedAnnual report

    「Expenditure on the acquisition of treasury shares: ¥78.108 million」

    The company spent ¥78.108 million on the acquisition of treasury shares during the first quarter, increasing treasury shares by 130,200. The initiative to enhance shareholder returns and improve capital efficiency through treasury share acquisitions progressed.
  7. FY2023-Q3AdvancedAnnual report

    「Expenditure on the acquisition of treasury shares: ¥27.027 million」

    Treasury shares were acquired pursuant to a resolution of the Board of Directors dated 7 October 2022. Acquisition expenditure for the cumulative third-quarter period was ¥27.027 million, and treasury shares outstanding totaled 169,469.
  8. FY2022-Q3AdvancedAnnual report

    「At a meeting of the Board of Directors held on 22 December 2021, the company resolved matters relating to the acquisition of treasury shares pursuant to its Articles of Incorporation under Article 459, Paragraph 1 of the Companies Act, and carried out the acquisition as follows. 3. Results of treasury share acquisition (1) Total number of shares acquired: 78,100 shares (2) Total acquisition price: ¥59,590,300 (3) Acquisition date: 24 December 2021」

    The company acquired 78,100 treasury shares on 24 December 2021 for an acquisition price of ¥59,590,300 as part of its shareholder return and capital efficiency initiatives.
  9. FY2021RestatedAnnual report

    「During the period of this medium-term management plan, the company will maintain the basic dividend policy described above while aiming for a cumulative total payout ratio of 100% (Japanese GAAP, non-consolidated), and has adopted the acquisition of treasury shares alongside dividends as its basic shareholder return policy.」

    The policy of combining dividends with treasury share acquisitions, with a target cumulative total payout ratio of 100%, was reiterated, and 50,000 treasury shares were acquired during the current fiscal year.
  10. FY2021-Q3AdvancedAnnual report

    「The company acquired 50,000 treasury shares pursuant to a resolution of the Board of Directors dated 13 May 2020. As a result, treasury shares increased by 50,000 during the cumulative third-quarter period of the current consolidated fiscal year.」

    The acquisition of 50,000 treasury shares pursuant to the Board of Directors’ resolution of 13 May 2020 is reported, indicating progress in implementing measures to enhance shareholder returns and improve capital efficiency through treasury share acquisitions.
  11. FY2021-Q2AdvancedAnnual report

    「The company acquired 30,600 treasury shares pursuant to a resolution of the Board of Directors dated 13 May 2020.」

    Treasury share acquisitions pursuant to the Board of Directors’ resolution of 13 May 2020 were carried out for a cumulative total of 30,600 shares.
  12. FY2021-Q1AdvancedAnnual report

    「The company acquired 2,500 treasury shares pursuant to a resolution of the Board of Directors dated 13 May 2020.」

    The company acquired 2,500 treasury shares pursuant to the Board of Directors’ resolution of 13 May 2020. An additional initiative combining treasury share acquisitions with shareholder returns and capital efficiency improvements was implemented.
  13. FY2020RaisedAnnual report

    「During the period of this medium-term management plan, the company will maintain the basic dividend policy described above while aiming for a cumulative total payout ratio of 100% (Japanese GAAP, non-consolidated), and has adopted the acquisition of treasury shares alongside dividends as its basic shareholder return policy.」

    In addition to completing the previous acquisition and cancellation of treasury shares, the company expanded its policy to combine dividends with treasury share acquisitions, with a target cumulative total payout ratio of 100% during the medium-term management plan period.
  14. FY2020-Q4RestatedAnnual report

    「At a meeting of the Board of Directors held on the same day, the company resolved to cancel treasury shares and cancelled 364,300 treasury common shares on 31 July 2019.」

    The acquisition and cancellation of 364,300 treasury shares continue to be confirmed in the disclosures on shareholdings and changes in equity.
  15. FY2020-Q3RestatedAnnual report

    「At a meeting of the Board of Directors held on the same day, the company resolved to cancel treasury shares and cancelled 364,300 treasury common shares on 31 July 2019.」

    The acquisition and cancellation of 364,300 treasury shares are confirmed in the disclosures on shareholdings and changes in equity.
  16. FY2020-Q2AchievedAnnual report

    「As a result, the company acquired 364,300 common shares by 3 July 2019 for a total acquisition price of ¥400 million.」

    The company acquired 364,300 treasury shares by 3 July 2019 for ¥400 million, and all acquired shares were cancelled on 31 July 2019. The initiative to enhance shareholder returns and improve capital efficiency has been completed.
  17. FY2019First statedAnnual report

    「To enhance shareholder returns and improve capital efficiency, the company will acquire treasury shares pursuant to its Articles of Incorporation and promptly cancel all treasury shares acquired through this transaction.」

    The company stated that it would acquire treasury shares from 10 May through 31 July 2019, up to a maximum of 400,000 shares and a total acquisition price of ¥400 million, and cancel all shares acquired. As of the filing date, 195,500 shares had been acquired.
Moved together

"Expansion of report production capacity to accommodate growth in research volume" moved the same way as this thread, in the same document, in 7 of its 19 moves.

776654★123456
  1. ★This thread
  2. 1Expansion of report production capacity to accommodate growth in research volume7×
  3. 2Dividends Paid to Shareholders7×
  4. 3Expansion of New Services and Research Methods6×
  5. 4Limiting SG&A Growth Through a Review of Various Expenses6×
  6. 5Expanding the Overseas Customer Base and Building Recurring Revenue5×
  7. 6Report: Initial Increase in Production Costs Associated with the Expansion of Production Capacity4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for MS&Consulting yet. It last moved in the Treasury Stock of 2026-10-15: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Shareholder Returns and Improved Capital Efficiency Through the Acquisition and Cancellation of Treasury Shares | MS&Consulting Co.,Ltd. (6555) | Komori