Enhancing Shareholder Value Through Treasury Share Cancellations
First written in FY2021-Q1. 1 of 3 entries say "Achieved", first in FY2021-Q1. Latest entry: FY2026-H1.
41 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors held on 19 August 2025, the Company cancelled 7,000,000 treasury common shares effective 29 August 2025. As a result, the total number of shares issued became 31,010,566 shares.」
The Company cancelled 7 million treasury shares effective 29 August 2025, reducing the total number of shares issued to 31,010,566. - FY2022-Q2RaisedAnnual report
「Pursuant to a resolution of the Board of Directors held on 29 October 2021, the Company cancelled 9,500,000 treasury common shares effective 10 November 2021. As a result, the total number of shares issued decreased by 9,500,000 to 38,010,566 shares.」
The Company cancelled 9.5 million treasury shares effective 10 November 2021. This exceeded the 2.2 million shares cancelled in August 2020, and the total number of shares issued became 38,010,566. - FY2021-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 31 July 2020, the Company resolved, pursuant to Article 178 of the Companies Act, matters relating to the cancellation of treasury shares and carried out the cancellation on 7 August 2020. Reason for cancellation: Enhance shareholder value Method of cancellation: Reduction from capital surplus and retained earnings Type of shares cancelled: Common shares Number of shares cancelled: 2,200,000 shares Total amount of shares cancelled: ¥1,765 million Cancellation date: 7 August 2020」
The Company cancelled 2,200,000 treasury shares with a total value of ¥1,765 million on 7 August 2020, citing the enhancement of shareholder value as the reason.