Share Repurchases and Cancellations as Flexible Capital Policy Measures
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2021.
11 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「To enable the flexible execution of capital policies in response to changes in the operating environment, our 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.」
The framework in the Articles of Incorporation enabling the acquisition of treasury shares by Board resolution has been reconfirmed. No new acquisitions or cancellations during the fiscal year are reported. - FY2018RestatedAnnual report
「To enable the flexible execution of capital policies in response to changes in the operating environment, our 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.」
The framework for acquiring treasury shares by Board resolution continues to be described, but no new acquisitions during the fiscal year are reported. - FY2017-Q2AdvancedAnnual report
「On 31 October 2016, as a result of the acquisition described above, the Company purchased 80,000 common shares for an acquisition price of ¥47,760,000, completing all acquisitions of treasury shares based on that resolution.」
On 31 October 2016, the Company acquired 80,000 treasury shares and completed the acquisition under the resolution, which had a maximum of 90,000 shares. - FY2016First statedAnnual report
「To enable the flexible execution of capital policies in response to changes in the operating environment, our 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.」
The framework for acquiring treasury shares by Board resolution is described; during the period, the Company acquired 120,000 shares and cancelled 440,150 shares.