Share Buybacks and Cancellations as Flexible Capital Policy Measures
First written in FY2018-Q3. 3 of 5 entries say "Advanced", first in FY2026-H1. Latest entry: FY2026.
93 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 973,000 999 Treasury shares acquired and cancelled: 973,000 663」
Regarding the acquisition of treasury shares based on the resolution dated 30 October 2025, 973,000 shares were acquired for ¥999 million and the same number of shares was cancelled on 16 February 2026. Part of the maximum 1,236,000 shares was acquired and cancelled. - 2026-05-08AdvancedRevision of earnings forecasts
「As a result of increasing the interim dividend and acquiring treasury shares, among other factors, the balance increased by ¥1,798 million from the end of the previous consolidated fiscal year to ¥64,392 million.」
The financial position disclosure indicates that the Company acquired treasury shares during the fiscal year, confirming the execution of its capital policy. - FY2026-H1AdvancedAnnual report
「In the notice titled “Revision of the Medium- to Long-Term Management Plan (FY2022-FY2028) and Measures to Achieve Management Conscious of Capital Costs and Share Prices,” announced on 9 May 2025, the Company stated under “1. Revision of the dividend policy” that, from the fiscal year ending March 2026, it would raise the payout ratio to 60% and introduce “DOE (dividend on equity) of 3.0%” as a new dividend benchmark, with dividends to be paid based on whichever is higher. Under “2. Implementation of share repurchases,” the Company also stated that it would conduct flexible share repurchases to improve capital efficiency by reviewing its balance-sheet structure, thereby substantially expanding shareholder returns.」
As a specific measure to improve capital efficiency and expand shareholder returns, the Company resolved on 30 October 2025 to acquire treasury shares. The acquisition was capped at 1,236,000 shares and a total acquisition price of ¥1,000 million, with the acquisition period running from 31 October 2025 to 30 January 2026. All acquired shares were scheduled to be cancelled on 16 February 2026. - FY2018AchievedAnnual report
「Treasury shares acquired during the fiscal year: 1,924,400 1,298,970 Treasury shares acquired and cancelled: 1,924,400 1,066,117」
Under the resolution of 25 January 2018, 1,924,400 treasury shares were acquired and the same number was cancelled. The transaction was completed at 1,924,400 shares against the acquisition limit of 2,100,000 shares. - FY2018-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 25 January 2018, the Company resolved, pursuant to Article 156 of the Companies Act as applied mutatis mutandis under Article 165, paragraph 3 of the Act, to acquire treasury shares and, pursuant to Article 178 of the Companies Act, to cancel treasury shares. 1. Reasons for acquiring and cancelling treasury shares To pursue an agile capital policy in response to changes in the business environment. (2) Total number of shares to be acquired: 2,100,000 shares (maximum) (3) Total acquisition price of shares: ¥1,417 million (2) Total number of shares to be cancelled: 2,100,000 shares (3.82% of total issued shares before cancellation) (3) Total issued shares after cancellation: 52,803,750 shares (4) Scheduled cancellation date: 14 February 2018」
The Company resolved to acquire and cancel treasury shares as a capital policy measure in response to changes in the business environment. The acquisition and cancellation were capped at 2,100,000 shares, with a maximum total acquisition price of ¥1,417 million, and cancellation was scheduled for 14 February 2018.