Raising the Free-Float Ratio Through a Share Supply-and-Demand Buffer Trust
First written in FY2022. 12 of 16 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2027-H1.
4 other companies' latest entry also says "Achieved".
- FY2027-H1AchievedAnnual report
「Through this trust, we acquired 1,758,900 shares of our stock for ¥3,526 million during the third-quarter consolidated accounting period of the fiscal year ending February 2025, and completed the sale of all shares in the market by the end of the current interim consolidated accounting period.」
The market sale of all 1,758,900 shares acquired through the third stock supply-and-demand buffer trust was completed by the end of the current interim consolidated accounting period. - 2026-07-10AchievedEarningsSuggests it is closing out
「Through this trust, we acquired 1,758,900 of our shares for ¥3,526 million during the consolidated accounting period for the third quarter of the fiscal year ended February 2025, and completed the sale of all of them on the market by the end of the first-quarter consolidated accounting period under review.」
The market sale of all 1,758,900 shares held by the third share supply-and-demand buffer trust was completed. - FY2026AdvancedAnnual report
「Through this trust, we acquired 1,758,900 of our shares for ¥3,526 million during the consolidated accounting period for the third quarter of the previous fiscal year, then sold 1,712,100 shares on the market by the end of the consolidated fiscal year under review, reducing treasury shares by ¥3,456 million.」
Of the 1,758,900 shares acquired through the third stock supply-and-demand buffer trust, 1,712,100 shares were sold in the market, significantly advancing measures to increase the tradable share ratio. - 2026-04-10AchievedEarnings
「Through this trust, we acquired 1,758,900 of our shares for ¥3,526 million during the consolidated accounting period for the third quarter of the previous fiscal year, then sold 1,712,100 shares on the market by the end of the consolidated fiscal year under review, reducing treasury shares by ¥3,456 million.」
Under the third share supply-and-demand buffer trust, most of the acquired shares were sold on the market. - FY2026-H1AdvancedAnnual report
「Through this trust, we acquired 1,758,900 shares of our stock for ¥3,526 million during the previous third-quarter consolidated accounting period, then sold 1,078,200 shares in the market by the end of the current interim consolidated accounting period, reducing treasury stock by ¥2,177 million.」
Regarding the third stock supply-and-demand buffer trust, after acquiring 1,758,900 shares, the process had progressed to the stage of selling 1,078,200 shares in the market by the end of the current interim consolidated accounting period. - FY2025AdvancedAnnual report
「After acquiring 1,758,900 shares of our stock for ¥3,526 million during the third-quarter consolidated accounting period, we sold 346,700 shares in the market by the end of the current consolidated fiscal year, reducing treasury stock by ¥700 million.」
We established the third stock supply-and-demand buffer trust and acquired 1,758,900 shares, of which 346,700 shares were sold by the end of the period. Following the previous second trust, we advanced our measures to increase the tradable share ratio to the next stage. - FY2025-H1AdvancedAnnual report
「Through this trust, we acquired 800,000 shares of our stock for ¥1,936 million during the previous interim consolidated accounting period, and completed the sale of all 800,000 shares in the market by the end of the current interim consolidated accounting period. At a meeting of the Board of Directors held on 11 October 2024, we resolved to establish the Stock Supply-and-Demand Buffer TrustⓇ (the “Trust”) to increase our tradable share ratio, and acquired our shares through the Trust.」
The market sale of all 800,000 shares acquired through the second stock supply-and-demand buffer trust was completed. In addition, as a subsequent event, we resolved to establish a new trust and acquired 1,758,900 shares for ¥3,526 million on 15 October 2024. - FY2025-Q1AdvancedAnnual report
「Through this trust, we acquired 800,000 shares of our stock for ¥1,936 million during the previous first-half consolidated accounting period, then sold 580,600 shares in the market by the end of the current first-quarter consolidated accounting period, reducing treasury stock by ¥1,407 million. As a result, the amount of treasury stock attributable to this trust on the quarterly consolidated balance sheet for the current first-quarter consolidated accounting period was ¥529 million.」
Regarding the second stock supply-and-demand buffer trust, the process had progressed to the stage of selling a cumulative 580,600 of the 800,000 shares acquired in the market. - FY2024-Q3AdvancedAnnual report
「Meanwhile, during the current second-quarter consolidated accounting period, the Company established the second Trust and acquired 800,000 of its shares for ¥1,936 million. By the end of the current third-quarter consolidated accounting period, it had sold 180,700 shares, reducing treasury shares by ¥438 million. As a result, treasury shares attributable to the Trust totaled ¥1,498 million on the quarterly consolidated balance sheet at the end of the current third-quarter consolidated accounting period.」
Regarding the second stock supply-and-demand buffer trust, after acquiring 800,000 shares, the process had progressed to the stage of selling 180,700 shares in the market. All 800,000 shares acquired through the first trust have been sold. - FY2024-Q2AdvancedAnnual report
「Through the Trust, the Company acquired 800,000 of its shares for ¥2,037 million during the previous first-quarter consolidated accounting period and completed the sale of all 800,000 shares in the market by the end of the current second-quarter consolidated accounting period. During the current second-quarter consolidated accounting period, the Company established the second Trust, acquired 800,000 of its shares and increased treasury shares by ¥1,936 million.」
The Company completed the sale of 800,000 shares under the first Stock Supply-Demand Buffer Trust and then established the second Trust to acquire 800,000 shares. The tradable share ratio initiative has advanced to the next stage. - FY2024-Q1AdvancedAnnual report
「Through the Trust, the Company acquired 800,000 of its shares for ¥2,037 million during the previous first-quarter consolidated accounting period and sold 760,100 shares in the market by the end of the current first-quarter consolidated accounting period, reducing treasury shares by ¥1,875 million. Of this amount, 251,300 shares were sold in the market during the current first-quarter consolidated cumulative period, reducing treasury shares by ¥620 million. As a result, treasury shares attributable to the Trust totaled ¥162 million on the quarterly consolidated balance sheet at the end of the current first-quarter consolidated accounting period.」
Market sales of shares acquired through the Stock Supply-Demand Buffer Trust reached 760,100 shares cumulatively, including 251,300 shares during the current quarter. - FY2023AdvancedAnnual report
「Through the Trust, the Company acquired 800,000 of its shares for ¥2,037 million during the current consolidated fiscal year and subsequently sold 508,800 shares, reducing treasury shares by ¥1,255 million. As a result, treasury shares attributable to the Trust totaled ¥782 million on the consolidated balance sheet at the end of the current consolidated fiscal year.」
The Company advanced market sales of shares acquired through the Stock Supply-Demand Buffer Trust to 508,800 shares for the full fiscal year, further implementing the tradable share ratio initiative. - FY2023-Q3AdvancedAnnual report
「Through the Trust, the Company acquired 800,000 of its shares for ¥2,037 million during the current first-quarter consolidated accounting period and subsequently sold 347,400 shares during the current third-quarter consolidated cumulative period, reducing treasury shares by ¥857 million. As a result, treasury shares attributable to the Trust totaled ¥1,180 million on the quarterly consolidated balance sheet at the end of the current third-quarter consolidated accounting period.」
Of the 800,000 shares acquired through the Stock Supply-Demand Buffer Trust, 347,400 shares were sold during the cumulative third-quarter period, further advancing the initiative from the acquisition stage to market sales. - FY2023-Q2AdvancedAnnual report
「Through the Trust, the Company acquired 800,000 of its shares for ¥2,037 million during the current first-quarter consolidated accounting period and subsequently sold 160,800 shares for ¥396 million during the current second-quarter consolidated accounting period. As a result, treasury shares attributable to the Trust totaled ¥1,640 million on the quarterly consolidated balance sheet for the current second quarter.」
Of the 800,000 shares acquired through the Stock Supply-Demand Buffer Trust, 160,800 shares were sold in the market for ¥396 million during the second quarter, advancing the tradable share ratio initiative from the acquisition stage to the sale stage. - FY2023-Q1AdvancedAnnual report
「During the current first-quarter consolidated accounting period, the Company acquired some of its shares held by shareholders with cross-shareholdings and sold them into the market through the Stock Supply-Demand Buffer Trust® (the “Trust”). During the current first-quarter consolidated accounting period, only the acquisitions were conducted, with market sales to be carried out from the second quarter onward. Based on a resolution of the Board of Directors meeting held on 26 May 2022, the Company acquired 800,000 treasury shares through the Stock Supply-Demand Buffer Trust® during the current first-quarter consolidated cumulative period.」
The Company acquired 800,000 shares through the Stock Supply-Demand Buffer Trust as a measure to improve the tradable share ratio. During the first quarter, only the acquisition was conducted, with market sales scheduled from the second quarter onward. - FY2022First statedAnnual report
「With shares to be sold by multiple shareholders in mind, this trust uses funds contributed by the Company to acquire the Company's shares through the Tokyo Stock Exchange closing-price transaction (ToSTNeT-2), and subsequently sells the shares in a manner designed to minimize the impact on market supply and demand for the Company's shares.」
The Company established the Stock Supply-Demand Buffer Trust on 26 May 2022 to achieve a tradable share ratio of 25%. The maximum number of shares to be acquired is 800,000, the maximum total acquisition price is ¥2.2 billion, and the trust period is from 26 May 2022 to 25 May 2024.