Improving capital efficiency through share repurchases
First written in FY2018. 6 of 9 entries say "Advanced", first in FY2019-Q3. Latest entry: 2026-08-05.
93 other companies' latest entry also says "Advanced".
- FY2022-Q3AchievedAnnual report
「At a meeting of the Board of Directors held on 5 November 2021, the company resolved, pursuant to Article 178 of the Companies Act, to cancel treasury shares in order to increase the tradable share ratio and meet the continued listing criteria for the Prime Market, and cancelled 8,000,000 shares on 19 November of the same year. As a result, treasury shares decreased by ¥17,318 million, capital surplus decreased by ¥5,329 million, and retained earnings decreased by ¥11,988 million.」
The company cancelled 8,000,000 treasury shares on 19 November 2021, implementing a capital policy aimed at increasing the tradable share ratio and meeting the continued listing criteria for the Prime Market. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 5 November 2021, the company resolved, pursuant to Article 178 of the Companies Act, to cancel treasury shares. 2. Number of shares to be cancelled: 8,000,000 shares (32.95% of the shares issued before the cancellation) 3. Scheduled cancellation date: 19 November 2021」
Following the acquisition of 7,000,000 treasury shares, the company resolved to cancel 8,000,000 shares on 19 November 2021. The stated purpose was to increase the tradable share ratio and meet the continued listing criteria for the Prime Market of the Tokyo Stock Exchange. - FY2022-Q1AdvancedAnnual report
「1. Total number of shares to be acquired: 7,000,100 shares (maximum) 4. Total amount of money to be delivered in exchange for the acquisition: ¥15,743,224,900 (maximum) 5. Acquisition period: 22 June 2021 to 31 August 2021 (4) Results of the tender offer for treasury shares 1. Total number of shares tendered: 7,486,162 shares 2. Total number of shares purchased: 7,000,000 shares 3. Total acquisition price: ¥15,743,000,000 4. Scheduled acquisition date: 13 August 2021」
To achieve the 5% ROE target early and optimize its capital structure, the company conducted a tender offer for treasury shares and purchased 7 million shares for ¥15,743 million. The scheduled settlement date was 13 August 2021. - FY2019AdvancedAnnual report
「At a meeting of the Board of Directors held on 5 February 2019, the company resolved, pursuant to Article 178 of the Companies Act, to cancel treasury shares. 2. Number of shares to be cancelled: 5,000,000 shares (17.08% of the total number of shares issued before the cancellation) 3. Scheduled cancellation date: 26 February 2019」
Following the acquisition of 9 million treasury shares, the company additionally cancelled 5 million shares, equivalent to 17.08% of the total number of shares issued before the cancellation, on 26 February 2019. Capital policy aimed at improving capital efficiency progressed further. - FY2019-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 5 February 2019, the company resolved, pursuant to Article 178 of the Companies Act, to cancel treasury shares. 1. Class of shares to be cancelled: Common shares of the company 2. Number of shares to be cancelled: 5,000,000 shares (17.08% of the total number of shares issued before the cancellation) 3. Scheduled cancellation date: 26 February 2019 4. Total number of shares issued after the cancellation: 24,281,373 shares」
As an additional capital policy following the acquisition of treasury shares, the company resolved to cancel 5 million shares, equivalent to 17.08% of the total number of shares issued before the cancellation, on 26 February 2019. As of the filing date, the cancellation was still scheduled. - FY2019-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 14 May 2018, the company resolved, pursuant to Article 165, paragraph 3 of the Companies Act, as applied by replacing the relevant provisions under Article 156, paragraph 1 of the same Act, and the provisions of the company’s Articles of Incorporation, to acquire treasury shares through a tender offer as the specific acquisition method. The acquisition was carried out on 3 July 2018.」
The company conducted a tender offer for treasury shares and acquired 9,000,000 shares for ¥19,719,000,000 on 3 July 2018. The capital efficiency improvement measure through the acquisition of treasury shares was completed. - FY2018First statedAnnual report
「Because the acquisition of a certain amount of treasury shares over a relatively short period was expected to improve capital efficiency, including earnings per share (EPS) and ROE, and return profits to shareholders, and was judged unlikely to have a material impact on the company’s financial condition or dividend policy even if implemented, the company decided to conduct this tender offer for treasury shares」
As a measure to improve capital efficiency toward the 5% ROE target, the company conducted a tender offer for treasury shares, acquiring 9,000,000 shares for an acquisition price of ¥19,719 million.