Strengthening Shareholder Returns and Flexible Capital Policy
First written in FY2016. 6 of 10 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2024-Q2.
- FY2024-Q2AdvancedAnnual report
「The exercise of the sixth series of stock acquisition rights increased the total number of shares issued by 19,000 as of 31 August 2023. As a result, stated capital increased by ¥4.7 million and capital surplus increased by ¥4.7 million.」
The exercise of the sixth series of stock acquisition rights resulted in the issuance of 19,000 shares, increasing stated capital and capital surplus by ¥4.7 million each. - FY2023-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 15 June 2022, the company resolved to dispose of treasury shares by way of a third-party allotment and disposed of 42,372 treasury shares.」
The company resolved to and carried out a disposal of treasury shares by way of a third-party allotment, disposing of 42,372 shares. Proceeds from the disposal of treasury shares were ¥10 million. - FY2021RestatedAnnual report
「The company has provided in its Articles of Incorporation that it may acquire treasury shares through market transactions and other means by resolution of the Board of Directors, pursuant to Article 165, Paragraph 2 of the Companies Act. This is intended to facilitate the flexible execution of its capital policy.」
As part of its flexible capital policy, the company maintains in its Articles of Incorporation a policy permitting treasury share acquisitions by resolution of the Board of Directors. - FY2019AdvancedAnnual report
「Through this disposal of treasury shares, the company will further strengthen its relationship with 新華錦 and build a long-term partnership going forward.」
The company decided to enter into a capital and business alliance by allocating 869,565 treasury shares to EMMINENCE, LLC, a member of the 新華錦 Group, by way of a third-party allotment. The payment procedures were completed on 15 May 2019. - FY2018RestatedAnnual report
「The company has provided in its Articles of Incorporation that it may acquire treasury shares through market transactions and other means by resolution of the Board of Directors, pursuant to Article 165, Paragraph 2 of the Companies Act. This is intended to facilitate the flexible execution of its capital policy.」
Although there were no acquisitions approved by the Board of Directors during the fiscal year, the policy of permitting treasury share acquisitions as part of a flexible capital policy remains in the Articles of Incorporation. - FY2017AdvancedAnnual report
「At the Board of Directors meeting held on 21 February 2017 during the acquisition period, the company resolved to conduct an off-auction purchase through the Tokyo Stock Exchange's treasury share off-auction trading system (ToSTNeT-3) at 8:45 a.m. on 22 February 2017, at the closing price of ¥304 on 21 February 2017, for up to 1,500,000 shares, and purchased 1,346,000 shares. The treasury share acquisition under this Board resolution has now been completed.」
The company continued to acquire treasury shares, purchasing 3,120,200 shares for the full fiscal year, bringing treasury shares held to 4,282,146. - FY2017-Q3AdvancedAnnual report
「Based on resolutions adopted at Board of Directors meetings held on 11 May 2016 and 24 August 2016, the company acquired 1,596,600 treasury shares.」
For the treasury share acquisition, the number of shares acquired increased from the 1,327,000 shares reported in the previous quarter to 1,596,600 shares, and treasury shares increased by ¥493.217 million during the cumulative period for the third quarter. - FY2017-Q2AdvancedAnnual report
「Based on resolutions adopted at Board of Directors meetings held on 11 May 2016 and 24 August 2016, the company acquired 1,327,000 treasury shares.」
In addition to the treasury share acquisition completed in the previous quarter, the company acquired a cumulative 1,327,000 shares under the treasury share acquisitions, including the resolution adopted at the Board of Directors meeting held on 24 August. Treasury shares increased by ¥408.677 million. - FY2017-Q1AchievedAnnual report
「The acquisition of treasury shares resolved at the Board of Directors meeting held on 11 May 2016 has now been completed in full.」
For the treasury share acquisition resolved on 11 May 2016, the company acquired 845,000 shares during the first quarter and an additional 355,000 shares from 1 July to 19 July 2016, completing the acquisition. - FY2016First statedAnnual report
「The company will acquire treasury shares in order to enhance shareholder returns and pursue a flexible capital policy in response to changes in the business environment.」
Under a resolution adopted on 11 May 2016, the company planned to conduct market purchases from 12 May to 23 September 2016, subject to a maximum of 1,200,000 common shares and a maximum total purchase price of ¥500 million.