Shareholder returns and improved capital efficiency through share repurchases
First written in FY2018. 4 of 7 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2023-Q3.
- FY2023-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors dated 28 June 2022, the Company acquired 1,500,000 treasury shares. As a result, treasury shares increased by ¥8,930 million during the cumulative third quarter of the current consolidated fiscal year.」
The treasury share acquisition under the resolution dated 28 June 2022 was completed with the acquisition of 1,500,000 shares, for cumulative acquisition costs of ¥8,930 million. - FY2023-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 28 June 2022, the Company acquired 798,800 treasury shares. As a result, treasury shares increased by ¥4,810 million during the cumulative second quarter of the current consolidated fiscal year.」
Reports the acquisition of 798,800 treasury shares for ¥4,810 million under the resolution dated 28 June 2022. - FY2023-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 June 2022, the Company resolved matters concerning the acquisition of treasury shares pursuant to Article 459, paragraph 1 of the Companies Act and Article 44 of its Articles of Incorporation.」
Reports a resolution for a new treasury share acquisition program involving market purchases from 4 July through 31 October 2022, capped at 1,500,000 shares and total acquisition costs of ¥10 billion. - FY2019-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors dated 16 April 2018, the Company acquired 1,500,000 treasury shares. As a result, treasury shares increased by ¥9,248 million during the cumulative third quarter of the current consolidated fiscal year.」
States that the Company acquired the 1,500,000 shares authorized as the maximum under the treasury share acquisition resolution, completing the program. - FY2019-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 16 April 2018, the Company acquired 1,437,700 treasury shares. As a result, treasury shares increased by ¥8,906 million during the cumulative second quarter of the current consolidated fiscal year. Following this acquisition and other transactions involving treasury shares, treasury shares totaled ¥8,954 million at the end of the current second quarter of the consolidated fiscal year.」
Reports the acquisition of 1,437,700 treasury shares to date, with the acquisition increasing treasury shares by ¥8,906 million. - FY2019-Q1AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 16 April 2018, the Company acquired 325,400 treasury shares.」
The Company acquired 325,400 treasury shares under the limit approved in the resolution. - FY2018First statedAnnual report
「The Company is acquiring treasury shares to enhance shareholder returns and improve capital efficiency.」
For the first time, the Company explicitly stated its policy of purchasing up to 1,500,000 treasury shares on the market from 23 April through 31 October 2018, with total acquisition costs capped at ¥10 billion, based on a resolution of the Board of Directors dated 16 April 2018.