Management of Shareholder Returns, Cost of Capital and Optimal Capital Structure
First written in FY2016. 8 of 14 entries say "Advanced", first in FY2025-H1. Latest entry: 2026-08-06.
The whole theme swung hardest in 2020: 3 of 27 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- 2026-08-06AchievedEarnings
「Although other components of equity increased, equity decreased by ¥17.4 billion through the acquisition and cancellation of treasury shares, to ¥242.6 billion.」
The first-quarter financial position reflects the impact after the acquisition and cancellation of treasury shares that had been planned as of the previous fiscal year-end. It does not indicate that the policy itself has ended. - FY2026AdvancedAnnual report
「In light of the improved business environment surrounding the Company and its financial base, as well as future performance trends, the Company has decided to acquire and cancel all of the preferred shares from the 8 companies listed above.」
The Company continued repurchasing its own shares and spent ¥12.5 billion during the fiscal year. In addition, the cancellation of 9,869,864 treasury shares and the acquisition and cancellation of 125 Series A preferred shares for an acquisition consideration of ¥12.7 billion are scheduled for 29 June 2026, advancing the restructuring of the capital structure. - FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 11 November 2024, the Company is repurchasing its own shares during the acquisition period from 3 December 2024 to 28 November 2025. As a result, treasury shares increased by 3,291 thousand shares, or ¥10,773 million, during the interim consolidated accounting period.」
The Company executed the treasury share repurchase approved as part of its shareholder returns and capital policy, increasing treasury shares during the interim period by 3.291 million shares, or ¥10,773 million. - FY2025-H1AdvancedAnnual report
「To implement an agile capital policy in response to the strengthening of shareholder returns and changes in the operating environment. Maximum number of shares that may be purchased: 4,600,000; maximum total purchase price: ¥20 billion; purchase period: 3 December 2024 to 28 November 2025」
At a meeting of the Board of Directors held on 11 November 2024, the company resolved to purchase up to ¥20 billion or 4.6 million treasury shares and set a specific purchase period. The maximum number of shares to be purchased will be read as 9.2 million shares after the share split. - FY2024Treasury share purchases and cancellations updatedAnnual report
「Treasury shares purchased during the fiscal year 514,100 2,500」
Based on a resolution of the Board of Directors, the company purchased 514,100 treasury shares for ¥2.5 billion and cancelled the same number of shares. - FY2024-Q3Updated share-repurchase resultsAnnual report
「Expenditure on the purchase of treasury shares △ 2,517」
The company recorded expenditure of ¥2,517 million on the purchase of treasury shares during the cumulative third quarter of the fiscal year. - FY2017RestatedAnnual report
「The purpose of the Group's capital management is to maintain its ability to continue as a going concern by providing returns to shareholders, providing benefits to other stakeholders, and maintaining an optimal capital structure to reduce its cost of capital.」
The company reiterates that the objectives of capital management are to provide shareholder returns, reduce the cost of capital and maintain an optimal capital structure. - FY2016First statedAnnual report
「The purpose of the Group's capital management is to maintain its ability to continue as a going concern by providing returns to shareholders, providing benefits to other stakeholders, and maintaining an optimal capital structure to reduce its cost of capital.」
The company identifies dividends, capital repayments, new share issuances and debt reduction through asset sales as means of adjusting its capital structure.