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Mitsui High-tec (6966) · InitiativeAchieved

Flexible capital policy through share repurchases

First written in FY2017-Q2. 5 of 14 entries say "Achieved", first in FY2017-Q3. Latest entry: FY2020.

14entries
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How it moved
ProgressHeldSoftenedWorseAchievedFY2017-Q3 – FY2018-Q2AchievedFY2018 – FY2020-Q1AdvancedFY2020-Q2 – FY20202016: 220162017: 320172018: 420182019: 420192020: 12020
Same theme, other companies
Flexible shareholder returns and capital policy through Board authorityA theme 410 companies write about · 0 as a headwind · 411 as a tailwind
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Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 411 threads.
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  1. FY2020AchievedAnnual report

    「Treasury shares acquired during the fiscal year 350,000 618,425,800」

    Under the share repurchase resolved on 12 December 2019, subject to a maximum of 350,000 shares and ¥700 million, the company acquired 350,000 shares during the fiscal year and executed the plan.
  2. FY2020-Q3AdvancedAnnual report

    「At a meeting of the Board of Directors held on 12 December 2019, the company resolved matters relating to the acquisition of treasury shares under Article 156 of the Companies Act as applied pursuant to Article 165, paragraph 3 of that Act. ② Total number of shares that may be acquired: 350,000 shares (maximum), equivalent to 0.95% of the total number of issued shares excluding treasury shares ③ Maximum total purchase price: ¥700 million ④ Purchase period: 13 December 2019 to 10 January 2020」

    The company resolved on a new share repurchase and indicated a plan to acquire up to 350,000 shares and ¥700 million between 13 December 2019 and 10 January 2020.
  3. FY2020-Q2AdvancedAnnual report

    「This was mainly because cash decreased by ¥839 million from repayment of borrowings, ¥75 million from payment of the previous year-end dividend, and ¥857 million for share repurchases, while increasing by ¥7,000 million from the execution of a long-term borrowing.」

    In connection with the new share repurchase resolution, the company recorded expenditure of ¥857 million for share repurchases in the six-month period ended with the second quarter of the current consolidated fiscal year.
  4. FY2020-Q1New Share Repurchase ResolutionAnnual report

    「② Total number of shares that may be acquired: 400,000 shares (maximum), equivalent to 1.07% of the total number of issued shares excluding treasury shares ③ Maximum total purchase price: ¥400 million ④ Purchase period: 12 June 2019 to 10 July 2019」

    At a meeting of the Board of Directors held on 11 June 2019, the company resolved on a new share repurchase of up to 400,000 shares and ¥400 million.
  5. FY2020-Q1AchievedAnnual report

    「Based on the resolution, the company acquired 400,000 common shares between 15 March 2019 and 19 March 2019, completing the share repurchase under the resolution.」

    The company states that it acquired 400,000 shares and completed the share repurchase under the resolution.
  6. FY2019-Q3AchievedAnnual report

    「Based on the resolution, the company acquired 350,000 common shares between 7 September 2018 and 10 September 2018, and cancelled 3,000,000 treasury shares on 28 September 2018, completing the transactions.」

    The company completed the share repurchase subject to a maximum of 350,000 shares and a maximum total purchase price of ¥550 million, and also completed the cancellation of 3,000,000 treasury shares on 28 September 2018.
  7. FY2019-Q2AdvancedAnnual report

    「At a meeting of the Board of Directors held on 6 September 2018, the company resolved matters relating to the acquisition of treasury shares under Article 156 of the Companies Act as applied pursuant to Article 165, paragraph 3 of that Act, and resolved to cancel treasury shares under Article 178 of the Companies Act. Total number of shares that may be acquired: 350,000 shares (maximum); maximum total purchase price: ¥550 million; purchase period: 7 September 2018 to 5 October 2018; total number of shares to be cancelled: 3,000,000 shares; scheduled cancellation date: 28 September 2018.」

    In addition to the share repurchase, the company resolved to cancel 3,000,000 treasury shares, presenting a new specific measure relating to a flexible capital policy.
  8. FY2019-Q1AchievedAnnual report

    「Based on the resolution, the company acquired 350,000 common shares between 16 March 2018 and 19 March 2018, completing the share repurchase under the resolution.」

    The company carried out and completed the share repurchase authorized by the resolution of 15 March 2018, subject to a maximum of 350,000 shares and a maximum total purchase price of ¥650 million.
  9. FY2018AdvancedAnnual report

    「Treasury shares acquired during the fiscal year 284,600 499,858,100」

    Under the share repurchase resolved on 6 June 2017, the company acquired 284,600 shares, worth approximately ¥500 million, during the fiscal year. It also carried out purchases under the new resolution in March 2018, which had a maximum of 350,000 shares and ¥650 million.
  10. FY2018-Q3RestatedAnnual report

    「Total net assets increased by ¥1,352 million to ¥50,866 million. This was mainly because net assets decreased as a result of share repurchases, while increasing due to the recording of net income attributable to owners of the parent.」

    The company continues to disclose a decrease in net assets due to share repurchases, but indicates no new repurchase resolution or change to the maximum amount.
  11. FY2018-Q2AdvancedAnnual report

    「This was mainly because cash decreased by ¥318 million from repayment of borrowings, ¥193 million from payment of the previous year-end dividend, and ¥500 million for share repurchases, while increasing by ¥8,000 million from the execution of a long-term borrowing.」

    For the share repurchase resolved in the previous quarter, the company recorded ¥500 million of repurchase expenditure in the six-month period ended with the second quarter of the current fiscal year, indicating progress to the execution stage.
  12. FY2018-Q1RaisedAnnual report

    「Reason for share repurchase: To enable the flexible implementation of capital policies in response to changes in the operating environment. ② Total number of shares that may be acquired: 500,000 shares (maximum), equivalent to 1.29% of the total number of issued shares excluding treasury shares ③ Maximum total purchase price: ¥500 million ④ Purchase period: 7 June 2017 to 10 July 2017」

    The company resolved on a new share repurchase, increasing the maximum from 350,000 shares and ¥250 million to 500,000 shares and ¥500 million.
  13. FY2017-Q3AchievedAnnual report

    「Based on the resolution, the company acquired 350,000 common shares between 5 September 2016 and 17 October 2016, completing the share repurchase under the resolution.」

    The company completed the share repurchase of up to 350,000 shares by 17 October 2016, concluding the acquisition authorized by the Board of Directors.
  14. FY2017-Q2First statedAnnual report

    「Reason for acquiring treasury shares: to enable the flexible execution of capital policy in response to changes in the business environment.」

    For the share repurchase, the company set a maximum of 350,000 shares, a maximum total purchase price of ¥250 million, a purchase period from 5 September 2016 to 26 December 2016, and market purchases on the Tokyo Stock Exchange as the method.
Moved together

"Expanding motor core sales by leveraging an integrated production system from prototyping through mass production" moved the same way as this thread, in the same document, in 7 of its 13 moves.

765443★123456
  1. ★This thread
  2. 1Expanding motor core sales by leveraging an integrated production system from prototyping through mass production7×
  3. 2Expansion of motor core production capacity for environmentally friendly vehicles through construction of a new plant at the Gifu facility6×
  4. 3Payment of an Interim Dividend5×
  5. 4Productivity Improvements and Cost Reductions Across the Entire Group4×
  6. 5Establishment of New Electrical Component Manufacturing Facilities in Canada4×
  7. 6Increase in orders received in the mold business3×

★ 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.

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Flexible capital policy through share repurchases | Mitsui High-tec,Inc. (6966) | Komori