Share repurchases to improve capital efficiency
First written in FY2022. 3 of 11 entries say "Advanced", first in FY2023-Q1. Latest entry: 2026-09-30.
- 2026-09-30ReframedFinancial results presentation
「当社は、取得した自己株式を株主還元に加え、M&A を含む成長投資に活用できる戦略的な資産と位置付けています。」
自己株式の位置付けを、取得・株主還元にとどまらず、M&A対価や成長投資、経営人材のインセンティブ設計に活用する戦略的資産へ広げた。 - 2026-09-08Achievedwww.47news.jp
「This acquisition marks the completion of the treasury share repurchase authorized by the resolution of the Board of Directors held on 18 August 2026.」
The treasury share repurchase authorized by the resolution of the Board of Directors held on 18 August 2026 was completed with the additional acquisition of 61,200 shares. - FY2026New share repurchase implementedAnnual report
「Status of the resolution by the Board of Directors (7 January 2026) (acquisition period: 13 January 2026 to 13 February 2026): 190,000 shares / ¥200,000,000; treasury shares acquired during the fiscal year: 187,400 shares / ¥199,989,100」
After completing the previous treasury share acquisition, the company resolved to acquire up to 190,000 shares for a maximum of ¥200 million and acquired 187,400 shares during the fiscal year. - 2026-03-31ReframedFinancial results presentation
「We position share buybacks not merely as shareholder returns but as a strategic means of acquiring treasury shares when we believe our shares are undervalued, based on market conditions, our earnings power and capital efficiency, and using them as consideration for future M&A. Strategic use of treasury shares enables us to execute M&A while improving capital efficiency.」
The strategic positioning of treasury share acquisitions as a means of providing consideration for future M&A, in addition to shareholder returns, was made explicit. - FY2023AchievedAnnual report
「Treasury shares acquired during the fiscal year 130,000 96,157,400」
The acquisition of treasury shares approved on 12 May 2022, with an upper limit of 130,000 shares, was completed during the fiscal year. - FY2023-Q3AdvancedAnnual report
「At a meeting of the board of directors held on 12 May 2022, the Company resolved to acquire treasury shares pursuant to Article 156, Paragraph 1 of the Companies Act, as applied by replacing the relevant terms under Article 165, Paragraph 3 of the same Act, and acquired 124,600 treasury shares. In addition, at a meeting of the board of directors held on 24 November 2022, the Company resolved to introduce a restricted stock compensation plan for its employees and disposed of 11,300 treasury shares as restricted stock compensation.」
The treasury share repurchase had reached 124,600 shares by the end of the cumulative third quarter. In addition, the Company introduced a restricted stock compensation plan for employees and disposed of 11,300 treasury shares. - FY2023-Q2AdvancedAnnual report
「At a meeting of the board of directors held on 12 May 2022, the Company resolved to acquire treasury shares pursuant to Article 156, Paragraph 1 of the Companies Act, as applied by replacing the relevant terms under Article 165, Paragraph 3 of the same Act, and acquired 73,000 treasury shares. As a result, treasury shares increased by ¥53.220 million during the cumulative second quarter of the current consolidated fiscal year, reaching ¥66.764 million at the end of the second quarter consolidated accounting period.」
For the treasury share repurchase, the Company had acquired 73,000 shares for ¥53.220 million by the end of the cumulative second quarter. - FY2023-Q1AdvancedAnnual report
「At a meeting of the board of directors held on 12 May 2022, the Company resolved to acquire treasury shares pursuant to Article 165, Paragraph 1 of the Companies Act, as applied by replacing the relevant terms under Paragraph 3 of the same Article, and acquired 44,600 treasury shares. As a result, treasury shares increased by ¥32.161 million during the cumulative first quarter of the current consolidated fiscal year, reaching ¥45.705 million at the end of the first quarter consolidated accounting period.」
Under the treasury share repurchase policy, the Company acquired 44,600 shares for ¥32.161 million based on the May 2022 board resolution. - FY2022First statedAnnual report
「To implement a flexible capital policy in response to changes in the business environment and improve capital efficiency.／Maximum number of shares to be acquired 130,000 shares／Maximum total acquisition cost ¥100,000,000／Acquisition period 19 May 2022–18 May 2023」
Based on a resolution of the board of directors meeting held on 12 May 2022, the Company began repurchasing its own shares to improve capital efficiency and implement a flexible capital policy.