Improving Capital Efficiency and Providing Additional Shareholder Returns Through a Tender Offer for Treasury Shares
First written in FY2017-Q2. 7 of 11 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
93 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Treasury shares acquired during the current fiscal year 800,000 ¥774,400,000 Treasury shares cancelled 1,000,000 ¥843,000,000」
In February 2026, the Company acquired 800,000 treasury shares for ¥774.4 million and cancelled 1,000,000 treasury shares on 27 February 2026. This advanced the measures to enhance shareholder returns and improve capital efficiency to a new execution stage. - FY2024-Q3AdvancedAnnual report
「(1) Reasons for acquiring treasury shares To enhance shareholder returns and improve capital efficiency (2) Details of the Board of Directors’ resolution concerning the acquisition of treasury shares ② Total number of shares that may be acquired 825,800 shares (maximum) ③ Total acquisition cost ¥700,000,000 (maximum) ④ Acquisition period 7 February 2024–29 February 2024 ⑤ Acquisition method Purchase through the Tokyo Stock Exchange’s off-auction purchase of treasury shares (ToSTNeT-3) (3) Results of the acquisition of treasury shares ② Total number of shares acquired 825,800 shares ③ Total acquisition cost ¥640,820,800 ④ Acquisition date 8 February 2024」
The Company acquired 825,800 shares on 8 February 2024 under the treasury-share acquisition program intended to enhance shareholder returns and improve capital efficiency, moving the program into the execution stage. - FY2022RestatedAnnual report
「31 May 2017 △4,500,000」
The past cancellation of 4,500,000 treasury shares is reproduced in the changes in the number of shares. No new tender offer or cancellation is reported. - FY2019RestatedAnnual report
「31 May 2017 △4,500,000」
The cancellation of 4,500,000 treasury shares dated 31 May 2017 continues to be shown in the changes in the number of shares. No new tender offer or cancellation is reported. - FY2018RestatedAnnual report
「The Company cancelled 4,500,000 treasury shares as of 31 May 2017.」
The annual disclosure confirms that the cancellation of 4,500,000 shares following the tender offer for treasury shares has been completed. - FY2018-Q1AdvancedAnnual report
「The Company cancelled 4,500,000 treasury shares as of 31 May 2017.」
Following the tender offer for treasury shares conducted in the previous fiscal year, 4,500,000 treasury shares were cancelled, moving the capital policy to its next stage. - FY2017AdvancedAnnual report
「The treasury shares acquired during the current fiscal year were purchased through the tender offer resolved at the Board of Directors meeting held on 7 November 2016. The details are as follows: Tender offer period: 8 November 2016 (Tuesday) to 6 December 2016 (Tuesday), 20 business days; purchase price: ¥761 per common share; number of shares purchased: 5,000,000; total acquisition cost: ¥3,805 million.」
The Company conducted a tender offer for treasury shares and acquired 5,000,000 shares for ¥3,805 million. It also disclosed a plan and resolution to cancel 4,500,000 shares by the filing date. - FY2017-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 7 November 2016, the Company acquired 5,000,000 treasury shares. As a result, treasury shares increased by ¥3,804 million during the cumulative third quarter of the current fiscal year, reaching ¥4,114 million at the end of the third quarter of the current consolidated fiscal year.」
The Company completed the acquisition of 5,000,000 treasury shares under the tender offer decided in the previous quarter. - FY2017-Q2First statedAnnual report
「After considering the intentions of the shareholders planning to tender, we determined that acquiring the shares as treasury shares would contribute to higher earnings per share (EPS) and improved capital efficiency, including return on equity (ROE), and would lead to enhanced returns to shareholders.」
In response to indications from major shareholders and others that they intended to sell shares, the Company decided to introduce a tender offer for treasury shares as a new capital policy. The planned purchase was 5,500,000 shares at ¥761 per share, with the tender offer period running from 8 November to 6 December 2016, and purchase funding of ¥4,218 million.