Capital policy involving share repurchases and cancellations
First written in FY2017. 8 of 12 entries say "Advanced", first in FY2022. Latest entry: FY2026.
93 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 174,300 shares; ¥1,099,833,000」
Under the treasury share acquisition program resolved on 7 November 2025 and capped at 250,000 shares and ¥1.1 billion, 174,300 shares were acquired for approximately ¥1.1 billion. - FY2026-H1AdvancedAnnual report
「At a meeting held on 7 November 2025, the Board of Directors resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing certain terms under Article 165, paragraph 3 of the same Act, in order to return profits to shareholders and improve capital efficiency.」
The company resolved to acquire treasury shares, capped at 250,000 shares and a total acquisition price of ¥1.1 billion, with the acquisition period set from 10 November 2025 to 24 March 2026. - FY2025-H1AdvancedAnnual report
「The 160,000-share increase in treasury shares comprised an increase of 159,000 shares from acquisitions based on a resolution of the Board of Directors and an increase of 0 shares from requests to purchase less-than-one-unit shares. The 185,000-share decrease in treasury shares comprised a decrease of 160,000 shares from the cancellation of treasury shares, a decrease of 21,000 shares from deliveries by the officers' BIP trust to eligible recipients, and a decrease of 3,000 shares from the exercise of share acquisition rights.」
The company acquired 159,000 treasury shares and cancelled 160,000 shares. Treasury shares also decreased as a result of deliveries from the officers' compensation BIP trust and other transactions. - FY2024AdvancedAnnual report
「At a Board of Directors meeting held on 11 May 2023, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, Paragraph 3 of the same Act, and to cancel treasury shares pursuant to Article 178 of the Companies Act.」
Of the share repurchase program capped at 400,000 shares and ¥600 million, 306,000 shares were acquired for ¥599,975,400, and 310,000 shares were cancelled. In addition, a resolution was passed for a new repurchase program capped at 250,000 shares and ¥500 million in the following fiscal year. - FY2024-Q2AdvancedAnnual report
「The increase of 362 thousand in treasury shares comprised an increase of 306 thousand from acquisitions based on a Board of Directors resolution, an increase of 56 thousand from acquisitions by the executive BIP trust and an increase of 0 thousand from requests to purchase odd-lot shares. The decrease of 310 thousand in treasury shares comprised a decrease of 310 thousand from the cancellation of treasury shares and a decrease of 0 thousand from requests to purchase additional odd-lot shares.」
The company acquired 306 thousand treasury shares and cancelled 310 thousand. The disclosure also notes the acquisition of 56 thousand shares by the executive compensation BIP trust. - FY2023AdvancedAnnual report
「At a Board of Directors meeting held on 11 May 2023, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, Paragraph 3 of the same Act, and to cancel treasury shares pursuant to Article 178 of the Companies Act.」
For the purpose of returning profits to shareholders and improving capital efficiency, the company newly resolved to acquire up to 400,000 shares for a total amount of up to ¥600 million between 12 June and 31 August 2023 and cancel all shares acquired. - FY2023-Q2AchievedAnnual report
「19 August 2022 (Note) △900 29,100 ― 37,322 ― 24,920 (Note) The decrease in the total number of shares issued is due to the cancellation of treasury shares.」
Under the treasury share acquisition resolution of 13 May 2022, the company acquired a cumulative 583,900 shares for a total of ¥999,871,500 and completed the cancellation of 900,000 treasury shares on 19 August 2022. - FY2023-Q1AdvancedAnnual report
「Regarding the acquisition of treasury shares based on Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to Article 165, Paragraph 3 of the same Act, which was resolved at a Board of Directors meeting held on 13 May 2022, the company conducted the following acquisition between 1 July 2022 and 25 July 2022. The acquisition of treasury shares under that resolution was completed with the acquisition described below. (2) Total number of shares acquired: 206,900 shares (3) Total acquisition cost: ¥348,021,000 Cumulative total acquired under the above Board of Directors resolution (1) Total number of shares acquired: 583,900 shares (2) Total acquisition cost: ¥999,871,500」
Under the treasury share acquisition program with a limit of 700,000 shares and a total acquisition cost of ¥1 billion, the company acquired a cumulative 583,900 shares for a total of ¥999,871,500 and completed the acquisition. The acquired shares were scheduled to be cancelled on 19 August 2022, bringing the planned cancellation to 900,000 shares including an additional 316,100 shares acquired separately. - FY2022AdvancedAnnual report
「To return profits to shareholders and improve capital efficiency.」
At a Board of Directors meeting held on 13 May 2022, the company resolved to acquire up to 700,000 treasury shares for a total amount of up to ¥1 billion and cancel all shares acquired. - FY2018RestatedAnnual report
「Based on a resolution at a Board of Directors meeting held on 12 May 2017, we cancelled 10,076,069 treasury shares effective 1 June 2017.」
The company cancelled 10,076,069 treasury shares, reducing the total number of shares issued from 310,076 thousand to 300,000 thousand. - FY2018-Q1AchievedAnnual report
「Based on a resolution at a Board of Directors meeting held on 12 May 2017, we cancelled 10,076,069 treasury shares effective 1 June 2017.」
The cancellation of 10,076,069 treasury shares effective 1 June 2017 was disclosed. - FY2017First statedAnnual report
「To dispel concerns about the future release of treasury shares into the market.」
In November 2016, 1 million shares were acquired, and on 1 June 2017, after the filing, 10,076,069 shares were cancelled. The stated reason for the cancellation was to dispel concerns about the future release of treasury shares into the market.