Improving capital efficiency and pursuing flexible capital policy through share buybacks
First written in FY2017-Q2. 4 of 9 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「In November 2025, the Company resolved at a meeting of the Board of Directors to acquire treasury shares equivalent to 14.8% of the total number of shares issued.」
The full-year disclosure reconfirmed that, in the November 2025 treasury share acquisition, the Company acquired 3,706,700 shares for ¥3,714 million. - 2026-05-28Cited as achievedGeneral Meetings of Shareholders
「We acquired treasury shares to pursue an agile capital policy in response to changes in the operating environment, improve capital efficiency and enhance shareholder returns.」
The reasons for the acquisition of treasury shares resolved in November 2025 were reiterated as the pursuit of shareholder returns, improved capital efficiency and an agile capital policy. - FY2026-H1AdvancedAnnual report
「To implement flexible capital policy in response to changes in the business environment, improve capital efficiency and enhance shareholder returns. Number of shares to be acquired: 4,000,000 shares (maximum) Total acquisition price: ¥4,000 million (maximum) Treasury share acquisition period: 12 November 2025 to 30 November 2025」
With respect to the flexible treasury share acquisitions set out in YSP2026, the Company resolved in November 2025 to acquire up to 4,000,000 shares for ¥4,000 million and actually acquired 3,706,700 shares for ¥3,714 million. - FY2025AdvancedAnnual report
「In February 2025, the Company resolved at a meeting of the Board of Directors to acquire treasury shares equivalent to 1.0% of the total number of shares issued.」
With respect to the flexible treasury share acquisitions set out in YSP2026, the Company resolved in February 2025 to acquire up to 1.0% of the total number of shares issued, or 250,000 shares, and acquired 131,800 shares during the fiscal year. - FY2024RaisedAnnual report
「In addition to setting a minimum dividend per share of ¥31 under YSP2026, the Company will flexibly acquire treasury shares while taking into account earnings and dividend levels.」
The Company positioned treasury share acquisitions not as a past initiative but as a flexible capital policy during the YSP2026 period. - FY2019-Q2RestatedAnnual report
「In accordance with this basic policy and dividend policy, the Company achieved a consolidated payout ratio of 35% in fiscal 2015 through fiscal 2017 and, in September 2016, resolved at a meeting of the Board of Directors to acquire treasury shares equivalent to 4.0% of the total number of shares issued and carried out the acquisition.」
The Company reiterates its record of acquiring treasury shares to improve capital efficiency and enable flexible capital policy as part of its shareholder returns policy. - FY2017RestatedAnnual report
「In addition to improving capital efficiency, the Company acquired 1,000,000 treasury shares during the current fiscal year for a total acquisition price of ¥1,587 million to enable flexible capital policy in response to the business environment.」
The Company reconfirms the acquisition of 1,000,000 treasury shares for ¥1,587 million and its objectives of improving capital efficiency and enabling flexible capital policy. - FY2017-Q3RestatedAnnual report
「Pursuant to this resolution, the Company acquired 1,000,000 common shares for ¥1,587 million through market purchases via a trust from 14 September 2016 to 8 November 2016. The acquisition of treasury shares under the resolution ended on 8 November 2016.」
The completed acquisition of 1,000,000 treasury shares for ¥1,587 million is reiterated. - FY2017-Q2AchievedAnnual report
「Reason for acquiring treasury shares: To improve capital efficiency and enable flexible capital policy in response to the business environment Number of shares to be acquired: 1,000,000 shares (maximum) Total acquisition price: ¥2,000,000,000 (maximum) Acquisition period: 14 September 2016 to 13 March 2017 Method: Market purchases through a trust」
The Company resolved to acquire treasury shares and, by 8 November 2016, had acquired a cumulative 1,000,000 shares for a total acquisition price of ¥1,587,092,200, completing the acquisition under the Board of Directors' resolution.