Share Repurchases as a Flexible Capital Policy
First written in FY2024-Q2. 1 of 4 entries say "Restated". Latest entry: 2026-05-14.
- 2026-05-14AdvancedTreasury Shares
「At its Board of Directors meeting held on 14 May 2026, the company resolved (i) to acquire treasury shares pursuant to Article 156, Paragraph 1 of the Companies Act, as applied by replacing the wording under Article 165, Paragraph 3 of the same Act and under the company's Articles of Incorporation, and to conduct a tender offer as the specific acquisition method; (ii) to set the tender offer price at ¥941, representing a 10.00% discount to the simple average closing price of ¥1,046 for the company's common shares on the Tokyo Stock Exchange Standard Market during the one-month period through 13 May 2026, the business day preceding the date of the Board meeting; and (iii) to set the planned number of shares to be purchased in the tender offer at 1,177,000 shares, representing a 12.07% ownership interest.」
In addition to previous treasury share acquisitions, a large-scale treasury share acquisition through a tender offer from a specified shareholder has been put into concrete form. - FY2024AchievedAnnual report
「The acquisition of treasury shares under the resolution ended on 1 November 2023.」
The annual report confirms that the acquisition of 150,000 treasury shares for ¥117,900,000, resolved on 31 October 2023, was completed on 1 November 2023. - FY2024-Q3RestatedAnnual report
「(Note) As of the end of the third quarter of the current accounting period, treasury shares totaled 152,855 shares.」
The company reports that it held 152,855 shares as of the end of the third quarter following the treasury share acquisition disclosed in the previous quarter. - FY2024-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 31 October 2023, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing certain terms under Article 165, Paragraph 3 of the Act, and carried out the acquisition as follows. ① Class of shares acquired: Common shares of the company ② Total number of shares acquired: 150,000 shares ③ Total acquisition cost: ¥117,900,000 ④ Acquisition date: 1 November 2023 ⑤ Acquisition method: Purchase through the Tokyo Stock Exchange’s off-auction purchase transaction (ToSTNeT-3)」
The company discloses for the first time as a significant subsequent event that it acquired 150,000 treasury shares for ¥117,900,000 on 1 November 2023 as part of a flexible capital policy responding to changes in the business environment.