Share Repurchases as a Flexible Capital Policy
First written in FY2016-Q4. 6 of 9 entries say "Restated". Latest entry: FY2026-H1.
- FY2026-H1RestatedAnnual report
「The Company's basic policy is to fund these working capital and investment requirements with internal funds, while raising funds as necessary.」
The Company continues to follow a policy of primarily using internal funds for working capital and investment, while raising funds as necessary. - FY2024RestatedAnnual report
「The Company's Articles of Incorporation provide that the Company may acquire its own shares by resolution of the Board of Directors, pursuant to Article 165, Paragraph 2 of the Companies Act. This is intended to enable the Company to acquire its own shares through market transactions and other means in order to implement capital policies in response to changes in the business environment.」
The Company maintains a framework in its Articles of Incorporation for flexible treasury share acquisitions in response to changes in the business environment. No acquisition based on a Board of Directors resolution was made during the fiscal year. - FY2020RestatedAnnual report
「The Company's Articles of Incorporation provide that the Company may acquire its own shares by resolution of the Board of Directors, pursuant to Article 165, Paragraph 2 of the Companies Act. This is intended to enable the Company to acquire its own shares through market transactions and other means in order to implement capital policies in response to changes in the business environment.」
The Company maintains a framework in its Articles of Incorporation for flexible treasury share acquisitions in response to changes in the business environment. - FY2019RestatedAnnual report
「The Company's Articles of Incorporation provide that the Company may acquire its own shares by resolution of the Board of Directors, pursuant to Article 165, Paragraph 2 of the Companies Act. This is intended to enable the Company to acquire its own shares through market transactions and other means in order to implement capital policies in response to changes in the business environment.」
The Company maintains a framework in its Articles of Incorporation for acquiring treasury shares to enable flexible capital policies. No acquisition based on a Board of Directors resolution was made during the fiscal year. - FY2018-Q1RestatedAnnual report
「Based on the resolution of the Board of Directors meeting held on 12 April 2017, the Company acquired treasury shares. As a result, treasury shares increased by ¥4,794 million during the cumulative third-quarter period and totaled ¥15,475 million at the end of the third quarter.」
The results of the treasury share acquisition based on the 12 April 2017 Board of Directors resolution continued to be recorded, and treasury shares increased by ¥4,794 million during the cumulative period. - FY2017-Q4RestatedAnnual report
「Based on the resolution of the Board of Directors meeting held on 12 April 2017, the Company acquired treasury shares. As a result, treasury shares increased by ¥4,875 million during the cumulative second-quarter period and totaled ¥15,557 million at the end of the second quarter.」
For the treasury share acquisition based on the 12 April Board of Directors resolution, ¥4,875 million was recorded as treasury shares on a cumulative quarterly basis. - FY2017-Q3AdvancedAnnual report
「At a meeting held on 12 April 2017, the Board of Directors resolved, pursuant to Article 156, Paragraph 1 of the Companies Act, as applied with the necessary changes under Article 165, Paragraph 3 of the Act, and the Company acquired 78,000 shares on 24 April 2017 through the Tokyo Stock Exchange's off-auction treasury share purchase transaction (ToSTNeT-3).」
Following the previous treasury share acquisition, the Company acquired 78,000 shares through ToSTNeT-3 on 24 April 2017. Treasury shares totaled 1,734,166 at the end of the quarter, including odd-lot shares. - FY2017-Q1AchievedAnnual report
「Based on the resolution of the Board of Directors meeting held on 5 October 2016, the Company acquired treasury shares. As a result, treasury shares increased by ¥4,474 million during the third quarter of the fiscal year and totaled ¥11,153 million at the end of the third quarter.」
The Company acquired treasury shares during the third quarter based on a Board of Directors resolution, and the ¥4,474 million acquisition cost was recorded as treasury shares. - FY2016-Q4First statedAnnual report
「At a meeting held on 5 October 2016, the Board of Directors resolved to acquire treasury shares and determine the specific acquisition method, pursuant to Article 156, Paragraph 1 of the Companies Act, as applied with the necessary changes under Article 165, Paragraph 3 of the Act. 1. Purpose of the treasury share acquisition To enable flexible capital policies in response to changes in the business environment. 2. Details of the acquisition (1) Class of shares to be acquired: Common shares of the Company (2) Total number of shares acquired: 220,000 shares (maximum) (3) Total acquisition cost: ¥4,813.6 million (maximum) (4) Acquisition period: 6 October 2016 (5) Acquisition method: Purchase through the Tokyo Stock Exchange's off-auction treasury share purchase transaction (ToSTNeT-3) Treasury share acquisition The treasury share acquisition resolved at the Board of Directors meeting held on 5 October 2016 was completed on 6 October 2016. ① Class of shares acquired Common shares ② Total number of shares acquired 204,500 shares ③ Total acquisition cost ¥4,474 million」
The Company resolved to acquire treasury shares to enable flexible capital policies in response to changes in the business environment, and completed the acquisition of 204,500 shares for ¥4,474 million the following day.