Komori
Denso (6902) · InitiativeAchieved

Improving Capital Efficiency Through Treasury Share Cancellation

First written in FY2017-Q1. 3 of 7 entries say "Achieved", first in FY2017-Q2. Latest entry: FY2025.

7entries
10years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAchievedFY2017-Q2 – FY2019-Q3RestatedFY20192016: 220162017: 020172018: 120182019: 220192020: 020202021: 020212022: 020222023: 020232024: 120242025: 12025
Same theme, other companies
Reducing the Number of Shares Outstanding Through the Cancellation of Treasury SharesA theme 157 companies write about · 0 as a headwind · 162 as a tailwind

77 other companies' latest entry also says "Achieved".

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 157 companies compared. The sentences above are computed from all 157.
Full recordFilings, disclosures and news, newest first
  1. FY2025AchievedAnnual report

    「The balance of issued shares decreased as a result of the cancellation of 240,800,113 treasury shares on 29 November 2024.」

    The company carried out the previously scheduled cancellation of 240,800,113 treasury shares on 29 November 2024, reducing the total number of issued shares to 2,910,979,691.
  2. FY2025-H1AdvancedAnnual report

    「Number of shares to be cancelled: 240,800,113 shares. Scheduled cancellation date: 29 November 2024.」

    The company resolved to cancel 240,800,113 treasury shares on 29 November 2024. As of the filing date, the cancellation was still scheduled and no completion of the cancellation had yet been disclosed.
  3. FY2019RestatedAnnual report

    「The balance of issued shares decreased as a result of the cancellation of 6,123,762 treasury shares on 30 November 2018.」

    The annual report also confirms that the cancellation of 6,123,762 treasury shares was completed.
  4. FY2019-Q3AchievedAnnual report

    「The balance of issued shares decreased as a result of the cancellation of 6,123,762 treasury shares on 30 November 2018.」

    The company carried out the cancellation of the 6,123,762 treasury shares resolved in the previous quarter on 30 November 2018, completing the measure.
  5. FY2019-Q2AdvancedAnnual report

    「Number of shares to be cancelled: 6,123,762 shares. Scheduled cancellation date: 30 November 2018.」

    The company newly disclosed a resolution to cancel 6,123,762 treasury shares on 30 November 2018, specifying a measure to improve capital efficiency through the cancellation of treasury shares. As of the filing date, the cancellation was still scheduled and had not been completed.
  6. FY2017-Q2AchievedAnnual report

    「25 August 2016: △90,000,000; 794,068,713. The balance of issued shares decreased as a result of the cancellation of 90,000,000 treasury shares on 25 August 2016.」

    The company carried out the cancellation of the 90 million treasury shares resolved on 25 August 2016, reducing the total number of issued shares to 794,068,713.
  7. FY2017-Q1First statedAnnual report

    「At a meeting of the Board of Directors held on 29 July 2016, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, Paragraph 3 of that Act, and to cancel treasury shares pursuant to Article 178 of the Companies Act. The acquisition of treasury shares was intended to further enhance returns to shareholders and improve capital efficiency. Number of shares to be cancelled: 90 million shares (10.18% of the total number of issued shares before the cancellation). Scheduled cancellation date: 25 August 2016.」

    The company disclosed for the first time a resolution to cancel 90 million treasury shares, equivalent to 10.18% of the total number of issued shares before the cancellation, on 25 August 2016.
Moved together

"Shareholder Returns Through Share Repurchases" moved the same way as this thread, in the same document, in 5 of its 7 moves.

533322★123456
  1. ★This thread
  2. 1Shareholder Returns Through Share Repurchases5×
  3. 2Continuous Improvement in Long-Term Stable Dividend Levels3×
  4. 3Growth in Overseas Markets and Enhanced Regional Presence3×
  5. 4Capital Investment in Production Expansion, Next-Generation Models and New Product Transitions3×
  6. 5Product Defects, Recalls and Product Liability2×
  7. 6Cross-shareholdings aimed at maintaining and strengthening business relationships2×

★ 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
Denso's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.