Flexible Capital Policy Through Share Buybacks
First written in FY2017. 5 of 11 entries say "Advanced", first in FY2025-H1. Latest entry: 2026-10-05.
- FY2026Disposal of treasury shares through a third-party allotmentAnnual report
「Cash used in financing activities was ¥17 million, compared with ¥98 million in the same period of the previous year. This primarily reflected an increase in cash of ¥420 million from the disposal of treasury shares and a decrease in cash of ¥468 million from dividend payments.」
Rather than acquiring treasury shares, the company disposed of 200,000 treasury shares for ¥428 million through a private placement to Nichia Corporation. - FY2025-H1AdvancedAnnual report
「Maximum number of shares that may be acquired: 350,000 shares Maximum total acquisition price: ¥700 million Acquisition period: 26 August 2024 to 31 December 2024 Acquisition method: Market purchases on the Tokyo Stock Exchange」
As part of its capital policy, the company resolved to acquire up to 350,000 shares for up to ¥700 million from 26 August through 31 December 2024, and had acquired 129,900 shares by the end of September. - FY2022RestatedAnnual report
「To enable flexible capital policies in response to changes in the business environment, the company provides in its articles of incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, that it may acquire its own shares by resolution of the Board of Directors.」
The company reaffirmed the framework for flexible capital policies allowing the acquisition of treasury shares by resolution of the Board of Directors. - FY2021RestatedAnnual report
「To enable flexible capital policies in response to changes in the business environment, the company provides in its articles of incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, that it may acquire its own shares by resolution of the Board of Directors.」
The company reaffirmed the framework for flexible capital policies allowing the acquisition of treasury shares by resolution of the Board of Directors. There was no acquisition by resolution of the Board of Directors during the fiscal year. - FY2020RestatedAnnual report
「To enable flexible capital policies in response to changes in the business environment, the company provides in its articles of incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, that it may acquire its own shares by resolution of the Board of Directors.」
The company reaffirmed the framework for flexible capital policies allowing the acquisition of treasury shares by resolution of the Board of Directors. There was no acquisition by resolution of the Board of Directors during the current fiscal year. - FY2018RestatedAnnual report
「To enable flexible capital policies in response to changes in the business environment, the company provides in its articles of incorporation, pursuant to Article 165, Paragraph 2 of the Companies Act, that it may acquire its own shares by resolution of the Board of Directors.」
The company reaffirmed the framework for flexible capital policies allowing the acquisition of treasury shares by resolution of the Board of Directors. No acquisition by a new Board resolution was disclosed for the current fiscal year. - FY2017First statedAnnual report
「Status of the resolution at the Board of Directors meeting (17 February 2017) (acquisition date: 20 February 2017): 40,000 shares; ¥201,600,000」
The company resolved to acquire 40,000 treasury shares for ¥201.6 million and acquired 32,100 shares for ¥161.784 million during the fiscal year. The acquisition of treasury shares was identified for the first time as a separate capital policy topic.