Capital policy involving the acquisition of treasury shares
First written in FY2016. 7 of 9 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2020-Q2.
- FY2020-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 20 May 2019, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied mutatis mutandis pursuant to Article 165, paragraph 3 of the same Act, and acquired 10,000,000 treasury shares for ¥3,440 million. In addition, the Company cancelled 10,000,000 treasury shares effective 30 August 2019 pursuant to Article 178 of the Companies Act. As a result, during the current second-quarter consolidated accounting period, capital surplus and treasury shares each decreased by ¥4,332 million.」
The acquisition of 10,000,000 treasury shares for an acquisition cost of ¥3,440 million, based on the resolution of 20 May 2019, and the cancellation of the same number of treasury shares have been completed. - FY2020-Q1AdvancedAnnual report
「At a Board of Directors meeting held on 20 May 2019, the Company 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 Act, and acquired 8,267,800 treasury shares for an acquisition cost of ¥2,854 million. As a result, mainly due to this factor, treasury shares increased by ¥2,854 million during the first quarter of the fiscal year. ① Class of shares acquired Common shares of the Company ② Total number of shares acquired 10,000,000 shares ③ Acquisition period 3 June 2019 to 10 July 2019 (on a contractual basis) ④ Total acquisition cost ¥3,440 million ② Number of shares to be cancelled 10,000,000 shares ③ Cancellation date 30 August 2019」
Pursuant to the resolution of 20 May 2019, the Company acquired 8,267,800 shares for ¥2,854 million during the first quarter. The acquisition program ended on 10 July 2019 with total acquisitions of 10 million shares for ¥3,440 million, and the cancellation of 10 million shares was scheduled for 30 August 2019. - FY2019AdvancedAnnual report
「At a Board of Directors meeting held on 20 May 2019, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act as applied by replacing certain terms under Article 165, paragraph 3 of the Act. The Company also decided to cancel treasury shares pursuant to Article 178 of the Act.」
The Company decided to acquire up to 10,000,000 treasury shares for a total acquisition cost of ¥3,575 million and to cancel 10,000,000 shares. - FY2018AdvancedAnnual report
「Status of acquisitions pursuant to the resolution of the Board of Directors meeting held on 27 October 2017」
Under the treasury share acquisition program capped at 5,000,000 shares and ¥3,500 million, the Company acquired 3,459,200 shares for ¥2,671,414,300 during the fiscal year. It also cancelled 10,000,000 shares, advancing its treasury share acquisition and cancellation program. - FY2018-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 27 October 2017, the Company 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 Act, with a total acquisition limit of 5,000,000 shares and ¥3,500 million, and acquired 626,000 treasury shares for an acquisition cost of ¥457 million. In addition, the Company cancelled 10,000,000 treasury shares effective 10 November 2017 pursuant to Article 178 of the Act, reducing treasury shares and capital surplus by ¥4,011 million each during the third quarter of the fiscal year.」
The Company acquired 626,000 treasury shares for an acquisition cost of ¥457 million and additionally cancelled 10 million shares. Its capital policy advanced through both acquisitions and cancellations. - FY2018-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 27 October 2017, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act as applied by replacing certain terms under Article 165, paragraph 3 of the Act. The Company also cancelled treasury shares pursuant to Article 178 of the Act.」
The Company resolved to acquire treasury shares from 1 November 2017 through 30 March 2018, up to 5,000,000 shares and an acquisition cost of ¥3,500 million. In addition, it cancelled 10,000,000 treasury shares on 10 November 2017. - FY2017-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 22 February 2016, the Company 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 Act, and acquired 3,476,000 treasury shares for an acquisition cost of ¥1,692 million. At the 104th Annual General Meeting of Shareholders held on 29 June 2016, the Company obtained approval pursuant to Articles 199 and 200 of the Companies Act to dispose of treasury shares and delegate decisions on the offering terms to the Board of Directors. On 5 September 2016, the Company disposed of 1,200,000 treasury shares through a third-party allotment for a transfer price of ¥1 million. As a result, mainly due to this factor, treasury shares increased by ¥1,193 million during the nine-month period of the fiscal year.」
In addition to acquiring 3,476,000 treasury shares, the Company disposed of 1,200,000 treasury shares through a third-party allotment in September 2016, advancing its capital policy through both acquisitions and disposals. - FY2017-Q2AdvancedAnnual report
「At a Board of Directors meeting held on 22 February 2016, the Company 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 Act, and acquired 3,476,000 treasury shares for an acquisition cost of ¥1,692 million.」
The Company acquired 3,476,000 treasury shares for an acquisition cost of ¥1,692 million, marking concrete progress in its capital policy through the acquisition of treasury shares. - FY2016First statedAnnual report
「Status of acquisitions pursuant to the resolution of the Board of Directors meeting held on 31 July 2015」
During the fiscal year, the Company acquired 3 million treasury shares for ¥2,822 million and also resolved in February 2016 to acquire treasury shares for up to 10 million shares and ¥5,000 million.