Share Buybacks to Improve Capital Efficiency
First written in FY2016. 4 of 7 entries say "Advanced", first in FY2020. Latest entry: 2026-06-26.
- 2026-06-26First statedManagement Plan
「収益力（稼ぐ力）を高める事業戦略と資本効率を高める財務戦略を融合させた企業構造改革を着実に実施し、持続的に社会・市場への貢献を最大化することで企業価値を高める。」
株主資本コストを5％～7％、投資家から見た株主資本コストを7％～10％と認識し、資本コストを意識した経営、キャッシュアロケーション、株主還元の充実を含む対応を初めて適時開示で体系的に示した。 - FY2021AdvancedAnnual report
「At a meeting held on 12 February 2020, the Board of Directors resolved to acquire treasury shares, with a maximum total of 100,000 shares and a maximum total acquisition cost of ¥240 million. During the period from 1 April 2020 through the completion of the acquisition on 31 August, the company acquired 27,700 shares for an acquisition cost of ¥49 million.」
Based on its treasury share acquisition plan, the company acquired 27,700 shares for ¥49 million during the fiscal year. - FY2021-Q2AdvancedAnnual report
「Payments for the acquisition of treasury shares － △ 49」
The company recorded ¥49 million in payments for the acquisition of treasury shares during the six-month period ended at the second quarter. - FY2021-Q1AdvancedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year amounted to ¥9,966 million, down ¥19 million from the end of the previous consolidated fiscal year. This was mainly due to a ¥33 million increase in treasury shares resulting from the acquisition of treasury shares.」
The acquisition of treasury shares was cited as a factor behind the decline in net assets in the first quarter, with treasury shares increasing by ¥33 million. - FY2020AdvancedAnnual report
「At a meeting held on 12 February 2020, the Board of Directors resolved to acquire treasury shares, with a maximum total of 100,000 shares and a maximum total acquisition cost of ¥240 million. During the period from 13 February through 31 March of the same year, the company acquired 9,700 shares for an acquisition cost of ¥18 million.」
The Board of Directors resolved to acquire treasury shares, up to a maximum of 100,000 shares and ¥240 million, and acquired 9,700 shares during the fiscal year. - FY2017RestatedAnnual report
「In addition, to improve capital efficiency, we will acquire treasury shares as appropriate and strive to return profits to shareholders together with dividends.」
The company has reaffirmed its policy of acquiring treasury shares to improve capital efficiency. During the fiscal year, it acquired 4,000 shares constituting less than one trading unit. - FY2016First statedAnnual report
「To improve capital efficiency, we will acquire treasury shares as appropriate and strive to return profits to shareholders together with dividends.」
It states that 500,000 shares were acquired during the fiscal year based on a resolution of the Board of Directors dated 5 February 2016.