Offsetting the Deficit through Reductions in Stated Capital and Capital Reserves and Ensuring Flexibility in Capital Policy
First written in FY2020-Q1. 8 of 12 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「The company acquired 780,000 common shares. Treasury shares acquired during the fiscal year totaled 1,109,900 shares for ¥1.096 billion.」
The company continued acquiring treasury shares, acquiring a total of 1,109,900 shares for approximately ¥1.098 billion during the fiscal year based on Board of Directors resolutions and other authorizations. - 2026-04-30RestatedFinancial results briefing materials
「Implement stable dividends and flexible share buybacks.」
The company reconfirmed a capital policy combining the higher DOE target and dividend increases with flexible share buybacks. - FY2026-H1AdvancedAnnual report
「Based on a resolution at the Annual General Meeting of Shareholders held on 25 June 2025, the company acquired 780,000 treasury shares from a specific shareholder.」
As part of shareholder returns and flexible capital policy, the company acquired 780,000 treasury shares from a specific shareholder, with treasury share acquisitions totaling ¥798 million during the six-month consolidated accounting period. In addition, an additional acquisition of up to 375,000 shares for a total of ¥300 million was planned pursuant to a resolution dated 31 October 2025. - FY2025AdvancedAnnual report
「Against the resolution at the Board of Directors meeting held on 5 August 2024 for 830,000 shares with a total acquisition price of ¥500 million, the company acquired 628,800 treasury shares for ¥499 million during the fiscal year. In addition, based on a resolution of the Board of Directors held on 4 February 2025, it acquired 208,600 shares for ¥199 million.」
As part of shareholder returns and flexible capital policy, the company acquired a total of 837,400 treasury shares for approximately ¥703 million during the fiscal year. - FY2025-H1AdvancedAnnual report
「In addition, based on a resolution of the Board of Directors held on 14 August 2024, the company acquired 628,800 treasury shares.」
As part of shareholder returns and flexible capital policy, the company acquired 628,800 treasury shares, increasing treasury shares by ¥502 million during the six-month consolidated accounting period. - FY2024-Q3AdvancedAnnual report
「In addition, based on a resolution of the Board of Directors held on 14 August 2023, the company acquired 516,900 treasury shares, and based on a resolution of the Board of Directors held on 13 November 2023, acquired 547,800 treasury shares. Including these acquisitions and shares acquired through the purchase of odd-lot shares, treasury shares increased by ¥704 million during the nine-month period ended 31 December 2023.」
In addition to acquiring the 516,900 treasury shares approved in the previous resolution, the company acquired 547,800 shares based on the 13 November 2023 resolution, increasing treasury shares by ¥704 million during the nine-month period. - FY2024-Q2AdvancedAnnual report
「In addition, based on a resolution of the Board of Directors held on 14 August 2023, the company acquired 516,900 treasury shares. Including these acquisitions and shares acquired through the purchase of odd-lot shares, treasury shares increased by ¥403 million during the six-month period ended 30 September 2023. At a meeting held on 13 November 2023, the Board of Directors resolved the following matters concerning the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes under Article 165, paragraph 3 of the Act. (2) Maximum number of shares to be acquired 750,000 (3) Maximum total acquisition price ¥300 million (4) Acquisition period 14 November 2023 to 31 January 2024」
The company acquired 516,900 treasury shares for ¥403 million. In addition, it resolved to acquire up to 750,000 shares for ¥300 million for future use in share-based compensation and to provide shareholder returns. - FY2024-Q1AdvancedAnnual report
「The purpose is to use the shares for restricted stock-based compensation and the future exercise of stock options (share acquisition rights), while pursuing flexible capital policy in response to changes in the business environment and enhancing shareholder returns. The maximum number of shares to be acquired: 1,000,000. The maximum total acquisition price: ¥400 million. Acquisition period: 15 August 2023 to 14 November 2023.」
Resolved to acquire up to 1,000,000 treasury shares for a total acquisition price of up to ¥400 million, for use in restricted stock-based compensation and stock options and to provide shareholder returns. - FY2023-Q2AchievedAnnual report
「In addition, based on a resolution of the Board of Directors held on 10 August 2022, the company acquired 792,700 treasury shares. As a result, including shares acquired through the purchase of odd-lot shares, treasury shares increased by ¥300 million during the six-month period ended 30 September 2022, bringing treasury shares to ¥308 million at the end of the second quarter of the consolidated fiscal period.」
The company acquired 792,700 treasury shares for approximately ¥300 million based on the Board of Directors' resolution dated 10 August 2022. - FY2023-Q1AdvancedAnnual report
「The shares will also be used for the future delivery of restricted stock-based compensation, with the aim of pursuing flexible capital policy in response to changes in the business environment and enhancing shareholder returns. The maximum number of shares to be acquired is 1,200,000, the maximum total acquisition price is ¥300 million, and the acquisition period is from 12 August 2022 to 9 August 2023.」
Specified the acquisition of up to 1,200,000 treasury shares for a total acquisition price of up to ¥300 million, for use in future restricted stock-based compensation and to provide shareholder returns. - FY2020-Q2AchievedAnnual report
「At the 20th Annual General Meeting of Shareholders held on 25 June 2019, resolutions approving reductions in stated capital and the capital reserve and the disposition of surplus were passed. The reductions became effective on 30 July 2019, reducing stated capital and the capital reserve by ¥4.829587 billion and ¥7.079758 billion, respectively, and increasing retained earnings brought forward by ¥11.580698 billion.」
The reductions in stated capital and the capital reserve and the covering of accumulated losses based on the shareholders' resolution became effective on 30 July 2019. Stated capital became ¥1.5 billion and the capital reserve ¥500 million, completing the procedures aimed at ensuring flexibility in capital policy. - FY2020-Q1First statedAnnual report
「The purpose is to cover accumulated losses by reducing the amounts of stated capital and the capital reserve, improve creditworthiness, and ensure flexibility in capital policy, including future shareholder returns through dividends and share buybacks.」
Following a resolution at the general meeting of shareholders held on 25 June 2019, the company disclosed plans and procedures to reduce stated capital from ¥6.329587 billion to ¥1.5 billion and the capital reserve from ¥7.579758 billion to ¥500 million, effective 30 July 2019, and cover accumulated losses. The purpose is to improve creditworthiness and ensure flexibility in capital policy, including dividends and share buybacks.