Consideration of Commencing the Purchase Redemption of Class I Preferred Shares
First written in FY2017-Q3. 3 of 12 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2022-Q3.
The whole theme swung hardest in 2026: 1 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Cited as achieved".
- FY2022-Q3Cited as achievedAnnual report
「Based on a resolution of the Board of Directors dated 29 October 2021, the company acquired and cancelled 20,000 thousand First Issue Class I Preferred Shares on 15 November 2021.」
The company repeats the acquisition and cancellation of the remaining 20 million First Issue Class I Preferred Shares, showing that the number of preferred shares had fallen to 0 as of the end of the third quarter of the current fiscal year. - FY2022-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 29 October 2021, the company resolved, pursuant to Article 12-2 of its Articles of Incorporation, to acquire all of its First Issue Class I Preferred Shares and to cancel those shares pursuant to Article 178 of the Companies Act. The acquisition and cancellation were carried out on 15 November 2021.」
Regarding the redemption of First Issue Class I Preferred Shares targeted for completion by the fiscal year ending March 2022, the company acquired and cancelled the remaining 20 million shares for a total of ¥21,360.8 million on 15 November 2021, reducing the number of shares not yet acquired to 0. - FY2021RestatedAnnual report
「The company will seek to complete the redemption of the preferred shares during the next fiscal year.」
Following the acquisition and cancellation of 15 million shares in November 2020, the company has confirmed its policy of completing the redemption of the remaining 20 million shares during the next fiscal year. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 30 October 2020, the company resolved, pursuant to Article 12-2 of its Articles of Incorporation, to acquire part of its First Issue Class I Preferred Shares and to cancel those shares pursuant to Article 178 of the Companies Act. The acquisition and cancellation were carried out on 16 November 2020.」
The company acquired and cancelled 15 million First Issue Class I Preferred Shares on 16 November 2020, reducing the number of shares not yet acquired to 20 million. This represents further progress toward the target of completing the redemption by the fiscal year ending March 2022. - FY2020RestatedAnnual report
「Subject to maintaining an appropriate level of equity capital, we will seek to complete the redemption of the preferred shares by the fiscal year ending March 2022, the final year of the medium-term management policy.」
Following the acquisition and cancellation of 15 million shares in November 2019, the company continues to target completion of the preferred share redemption by the fiscal year ending March 2022. - FY2020-Q3RestatedAnnual report
「Based on a resolution of the Board of Directors dated 30 October 2019, the company acquired and cancelled 15,000 thousand First Issue Class I Preferred Shares for ¥16,019 million on 14 November 2019 and deducted the same amount from retained earnings.」
The company repeats the implementation details of the acquisition and cancellation of 15 million First Issue Class I Preferred Shares on 14 November 2019, including the acquisition price of ¥16,019.55 million. - FY2020-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 30 October 2019, the company resolved, pursuant to Article 12-2 of its Articles of Incorporation, to acquire part of its First Issue Class I Preferred Shares and to cancel those shares pursuant to Article 178 of the Companies Act. The acquisition and cancellation were carried out on 14 November 2019. 1. Reason for the acquisition and cancellation The company's basic policy for shareholder returns is to pay stable and continuous dividends while maintaining an appropriate level of equity capital by building a strong management base. The purchase and redemption of preferred shares is also one of the company's key management priorities. In line with this policy, and taking into account the business environment surrounding the company and performance trends, the company acquired and cancelled part of the First Issue Class I Preferred Shares held by Mizuho Bank, Ltd. through mandatory redemption. 2. Details of the acquisition (1) Class of shares acquired: First Issue Class I Preferred Shares (2) Total number of shares acquired: 15,000,000 shares (Note) 1 (3) Acquisition price per share: ¥1,067.97 (4) Total acquisition price: ¥16,019,550,000」
The company acquired and cancelled 15 million First Issue Class I Preferred Shares for ¥16,019.55 million on 14 November 2019. The number of shares not yet acquired fell to 35 million, representing further progress toward the target of completing the redemption by the fiscal year ending March 2022. - FY2019RaisedAnnual report
「Subject to maintaining an appropriate level of equity capital, we will seek to complete the redemption of the preferred shares by the fiscal year ending March 2022, the final year of the new medium-term management policy.」
Following the partial redemption of the preferred shares, the company specified a target of completing the redemption by the fiscal year ending March 2022. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 30 October 2018, the company resolved, pursuant to Article 12-2 of its Articles of Incorporation, to acquire part of its First Issue Class I Preferred Shares and, conditional on that acquisition, to cancel those shares pursuant to Article 178 of the Companies Act. The acquisition and cancellation were carried out on 14 November 2018. (2) Total number of shares to be acquired: 20,000,000 shares (3) Acquisition price per share: ¥1,067.97 (4) Total acquisition price: ¥21,359,400,000」
The company acquired an additional 20 million First Issue Class I Preferred Shares for ¥21,359.4 million and cancelled them on 14 November 2018. This represents further progress in the purchase and redemption of preferred shares. - FY2018-Q2Cited as achievedAnnual report
「Based on a resolution of the Board of Directors dated 11 May 2017, the company acquired 70,000 thousand First Issue Class I Preferred Shares as treasury shares on 31 May 2017 for ¥73,629 million. Based on the same resolution, it cancelled those 70,000 thousand treasury shares on 27 June 2017 and deducted ¥73,629 million from retained earnings.」
The company repeats the implementation details of the acquisition and cancellation of 70 million First Issue Class I Preferred Shares, including the acquisition price of ¥73,629 million, as a significant change in shareholders' equity. - FY2017AchievedAnnual report
「Based on the profit plan for the fiscal year ending March 2018 and other factors, and taking into account the planned increase in the preferred dividend rate in August 2017 and the risk of future interest rate increases, we acquired and cancelled 70 million First Issue Class I Preferred Shares, representing part of the holdings of Mizuho Bank, Ltd., for ¥73,629 million, the amount paid in at issuance of those shares being ¥70,000 million.」
For the previously under-review purchase and redemption of Class I Preferred Shares, the company has begun the process by acquiring and cancelling 70 million shares for ¥73,629 million. - FY2017-Q3First statedAnnual report
「Regarding the purchase and redemption of First Issue Class I Preferred Shares, which is one of our key management priorities, we are considering commencing the redemption of a certain amount before the planned increase in the annual dividend rate in August 2017. We will determine the specific redemption amount and other details based on the profit plan for the fiscal year ending March 2018 and other factors.」
The company is considering commencing the redemption of a certain amount of Class I Preferred Shares before the planned increase in the annual dividend rate in August 2017. It states that the specific redemption amount will be determined based on the profit plan and other factors.