Reducing Concerns Over Share Dilution Through the Cancellation of Treasury Shares
First written in FY2018-Q3. 2 of 4 entries say "Achieved", first in FY2018. Latest entry: FY2025-H1.
6 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「24 May 2024 (Note) △5,000,000 65,689,033 (Note) The decrease resulted from the cancellation of treasury shares.」
The planned cancellation of 5 million treasury shares after the FY2024 filing was carried out on 24 May 2024, reducing the total number of issued shares from 70,689,033 to 65,689,033. - FY2024Additional cancellation of 5 million treasury sharesAnnual report
「Pursuant to a resolution of the Board of Directors dated 26 April 2024, 5,000,000 treasury shares were cancelled effective 24 May 2024.」
On 24 May 2024, after the filing date, 5 million treasury shares were cancelled, reducing the total number of issued shares from 70,689,033 to 65,689,033. - FY2018AchievedAnnual report
「20 February 2018 △5,000,000 70,689,033」
The 5,000,000 shares resolved to be cancelled to mitigate concerns over dilution resulting from the disposal of treasury shares were cancelled on 20 February 2018, bringing the total number of issued shares to 70,689,033. - FY2018-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 30 January 2018, we resolved to cancel treasury shares pursuant to Article 178 of the Companies Act, as follows. (1) Reason for cancellation: to mitigate shareholders’ concerns over share dilution resulting from the disposal of treasury shares. (3) Total number of shares to be cancelled: 5,000,000 shares (6.61% of the total number of issued shares before cancellation). (4) Cancellation date: 20 February 2018. (5) Total number of issued shares after cancellation: 70,689,033 shares.」
For the first time, disclosed as a material subsequent event the Board of Directors’ resolution to cancel 5,000,000 shares on 20 February 2018 to mitigate concerns over dilution resulting from the disposal of treasury shares.