Flexible Capital Policy Through Share Repurchases
First written in FY2017. 6 of 9 entries say "Advanced", first in FY2019. Latest entry: 2026-06-04.
- FY2024-Q3AdvancedAnnual report
「Based on resolutions of the Board of Directors meetings held on 19 September 2023 and 24 October 2023, the company acquired 250,000 treasury shares on each occasion. As a result, treasury shares increased by ¥1,555 million during the cumulative third quarter. Based on a resolution of the Board of Directors meeting held on 8 November 2023, the company cancelled 1,000,000 treasury shares as of 30 November 2023.」
Based on Board of Directors resolutions in September and October 2023, the company acquired 250,000 treasury shares on each occasion, for total acquisitions of ¥1,555 million. It subsequently completed the planned cancellation of 1 million treasury shares on 30 November 2023. - FY2024-Q2AdvancedAnnual report
「Reason for cancelling treasury shares To enhance shareholder returns and improve capital efficiency. (2) Total number of shares to be cancelled: 1,000,000 shares (Ratio to total issued shares before cancellation: 7.63%) (3) Scheduled cancellation date: 30 November 2023」
During the cumulative second quarter, the company recorded ¥777 million in payments for the acquisition of treasury shares and resolved to cancel 1 million treasury shares on 30 November 2023. The company is progressing with specific capital policies aimed at enhancing shareholder returns and improving capital efficiency. - FY2023-Q2AdvancedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, cash used in financing activities amounted to ¥1,347 million, compared with ¥1,388 million of cash used in the same period of the previous year. This was mainly due to ¥572 million in payments for the acquisition of treasury shares, ¥370 million in dividends paid, and ¥393 million in dividends paid to non-controlling interests.」
The ¥572 million spent on treasury share acquisitions during the cumulative second quarter of the current consolidated fiscal year is identified as one of the main causes of the decrease in cash from financing activities. - FY2022-Q2AdvancedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, cash used in financing activities amounted to ¥1,388 million, compared with cash provided of ¥6,530 million in the same period of the previous year. This was mainly due to ¥723 million in payments for the acquisition of treasury shares, ¥327 million in dividends paid, and ¥332 million in dividends paid to non-controlling interests.」
The ¥723 million spent on treasury share acquisitions during the cumulative second quarter of the current consolidated fiscal year is identified as the main cause of the decrease in cash from financing activities. - FY2021-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 11 November 2020 to acquire treasury shares pursuant to Article 165, paragraph 3 of the Companies Act, applied by replacing the relevant provisions pursuant to Article 156 of the same Act, the company acquired treasury shares during the third quarter accounting period as follows. (1) Class of shares acquired: common shares of the company (2) Total number of shares acquired: 143,800 shares (3) Total acquisition cost: ¥367,696,600 (4) Acquisition date: 12 November 2020 (5) Acquisition method: purchase through the Tokyo Stock Exchange's off-auction purchase of treasury shares (ToSTNeT-3)」
Based on a Board of Directors resolution, the company acquired 143,800 treasury shares on 12 November 2020 for ¥367,696,600. The additional execution of a treasury share acquisition is specifically disclosed. - FY2019AdvancedAnnual report
「Status of the resolution at the Board of Directors meeting held on 19 March 2019 (acquisition period: 20 March 2019 to 20 March 2019): 100,000 shares, ¥246 million. Treasury shares acquired during the fiscal year: 100,000 shares, ¥246 million.」
Based on the Board of Directors resolution of 19 March 2019, the company actually acquired 100,000 treasury shares for ¥246 million. The disclosure records an additional acquisition compared with the previous acquisition limit and actual acquisition. - FY2017First statedAnnual report
「Status of the resolution at the Board of Directors meeting held on 5 August 2016 (acquisition period: 8 August 2016 to 8 August 2016): 100,000 shares, ¥161 million. Treasury shares acquired during the fiscal year: 55,000 shares, ¥88 million.」
Based on a Board of Directors resolution, the company established an acquisition limit of 100,000 treasury shares and acquired 55,000 shares during the fiscal year. The Articles of Incorporation also state the authority to acquire treasury shares for flexible capital policies.