Increasing shareholder value through improved capital efficiency
First written in FY2016. 3 of 7 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2025.
7 other companies' latest entry also says "Raised".
- FY2025RaisedAnnual report
「In addition, based on the medium-term management plan announced in May 2024, we aim to enhance shareholder returns with a dividend payout ratio of at least 30%, have set long-term targets of ROE of 8% and a PBR of at least 1x, and are pursuing early improvements toward achieving stable returns on capital.」
Regarding improved capital efficiency, the company set long-term targets of ROE of 8% and PBR of at least 1x, linking improvements in returns on capital to its shareholder return policy. - FY2020-Q1AchievedAnnual report
「Based on a resolution of the Board of Directors dated 21 May 2019, the company cancelled 1,460,000 treasury shares on 28 June 2019.」
The company cancelled the 1.46 million treasury shares resolved to be cancelled in the previous fiscal year on 28 June 2019, completing the planned capital policy measure. - FY2019AdvancedAnnual report
「At a meeting of the Board of Directors held on 21 May 2019, the company resolved, pursuant to Article 178 of the Companies Act, to cancel treasury shares as follows: …Number of shares to be cancelled: 1,460,000 shares…Scheduled cancellation date: 28 June 2019」
The company resolved to cancel 1.46 million treasury shares held, advancing its capital policy in concrete terms. - FY2017AchievedAnnual report
「Status of the resolution at the Board of Directors meeting (5 February 2016) (acquisition period: 8 February 2016 to 29 July 2016)」
The resolution to acquire 1,000,000 treasury shares for up to ¥2 billion was completed, with both the remaining number of shares and the remaining acquisition amount reduced to zero, including the 380,000 shares acquired during the current fiscal year. - FY2017-Q2AdvancedAnnual report
「Funds used in financing activities totaled ¥1.43 billion (compared with ¥2.376 billion used in the same period of the previous year). This mainly comprised expenditures including ¥652 million for the acquisition of treasury shares and ¥599 million for dividend payments.」
The company spent ¥652 million on the acquisition of treasury shares during the six-month period of the current consolidated fiscal year, continuing its share buyback program. - FY2017-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year, the company acquired 380,000 common shares through market purchases pursuant to a resolution of the Board of Directors held on 5 February 2016.」
The company acquired 380,000 shares through market purchases under its treasury share acquisition plan. - FY2016First statedAnnual report
「To pursue a flexible capital policy in response to changes in the business environment and increase shareholder value by improving capital efficiency.」
A share buyback of 1 million shares, with an upper limit of ¥2 billion, was carried out pursuant to a resolution of the Board of Directors. In the previous fiscal year, the company also bought back its own shares and cancelled 2 million shares.