Share Repurchases to Improve Capital Efficiency
First written in FY2017-Q2. 12 of 17 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-08-24.
- FY2026AdvancedAnnual report
「At its board meeting held on 12 May 2026, the Company resolved on matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the terms pursuant to Article 165, paragraph 3 of that Act. ② Total number of shares that may be acquired: 13 million shares (maximum); ③ Total acquisition cost: ¥20 billion (maximum); ④ Acquisition period: From 13 May 2026 to 31 March 2027」
After acquiring 5,774,200 treasury shares for approximately ¥10 billion in fiscal 2025, the company resolved in May 2026 on a new acquisition of up to 13 million shares and ¥20 billion. - FY2025AdvancedAnnual report
「Resolution at the board meeting held on 8 November 2024 (acquisition period: 11 November 2024 to 28 February 2025): 24,000,000 shares (maximum); ¥40,000,000,000 (maximum)」
The company acquired 21,514,000 treasury shares for ¥39,999,879,950. In May 2025, it also resolved on a new acquisition of up to 6.5 million shares and ¥10 billion. - FY2025-H1AdvancedAnnual report
「At its board meeting held on 8 November 2024, the Company resolved on matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the terms pursuant to Article 165, paragraph 3 of that Act. (1) Reason for acquiring treasury shares To improve per-share value through improved capital efficiency and a reduction in the number of shares, and to promote the reduction of cross-shareholdings (2) Details of the acquisition ① Class of shares to be acquired: Common shares ② Total number of shares that may be acquired: 24 million shares (maximum) ③ Total acquisition cost: ¥40 billion (maximum) ④ Acquisition period: From 11 November 2024 to 28 February 2025 ⑤ Acquisition method: Market purchases on the Tokyo Stock Exchange, including off-auction purchases」
The company resolved to acquire treasury shares of up to 24 million shares and ¥40 billion to improve capital efficiency, increase per-share value and reduce cross-shareholdings. - FY2024-Q3Cited as achievedAnnual report
「Based on the resolution adopted at the board meeting held on 12 June 2023, the Company acquired 16,524,300 treasury shares through an off-auction purchase (ToSTNeT-3). As a result, treasury shares increased by ¥28,770 million during the 3rd quarter cumulative consolidated period, reaching ¥46,099 million at the end of the 3rd quarter consolidated accounting period.」
For the acquisition of 16,524,300 treasury shares carried out in June 2023, the company again reports the post-acquisition increase of ¥28,770 million in treasury shares and the balance at the end of the 3rd quarter. - FY2024-Q2Cited as achievedAnnual report
「Based on the resolution adopted at the board meeting held on 12 June 2023, the Company acquired 16,524,300 treasury shares through an off-auction purchase (ToSTNeT-3). As a result, treasury shares increased by ¥29,160 million during the second quarter cumulative consolidated period, reaching ¥46,489 million at the end of the second quarter consolidated accounting period.」
For the acquisition of 16,524,300 treasury shares carried out in June 2023, the company reports the post-acquisition increase of ¥29,160 million in treasury shares and the balance at the end of the period. - FY2023AdvancedAnnual report
「The annual dividend for fiscal 2023 was set at ¥15 per share. In addition, the Company acquired approximately ¥30 billion, or 16,524,300 shares, in June 2023 as part of its efforts to improve the total payout ratio and capital efficiency.」
The company reports the specific result of acquiring approximately ¥30 billion, or 16,524,300 treasury shares, in June 2023. - FY2020-Q3AdvancedAnnual report
「Based on the resolution adopted at the board meeting held on 11 November 2019, the Company acquired treasury shares through market purchases, including off-auction transactions on the Tokyo Stock Exchange. As a result, treasury shares increased by ¥9,075 million during the 3rd quarter cumulative consolidated period, reaching ¥37,582 million at the end of the 3rd quarter consolidated accounting period.」
Market purchases and other acquisitions were carried out based on the resolution to acquire treasury shares adopted on 11 November 2019. Treasury shares increased by ¥9.075 billion, bringing the balance to ¥37.582 billion. - FY2020-Q2AdvancedAnnual report
「At its board meeting held on 11 November 2019, the Company resolved on matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the terms pursuant to Article 165, paragraph 3 of that Act. Total number of shares to be acquired 6 million shares (maximum) Total acquisition cost ¥10 billion (maximum) Acquisition period From 12 November 2019 to 30 December 2019 Acquisition method Market purchases on the Tokyo Stock Exchange, including off-auction transactions」
The company resolved to acquire 6 million treasury shares, up to a maximum of ¥10 billion, to improve capital efficiency and implement an agile capital policy, and set the acquisition period. - FY2017-Q3AdvancedAnnual report
「Based on a resolution adopted at the board meeting held on 10 November 2016, the Company acquired treasury shares through market purchases and acquired common shares held by a consolidated subsidiary. As a result, treasury shares increased by ¥6,537 million during the 3rd quarter cumulative consolidated period, reaching ¥25,625 million at the end of the 3rd quarter consolidated accounting period.」
The company carried out market purchases and acquired shares held by a consolidated subsidiary based on the resolution of 10 November 2016, bringing the treasury share balance to ¥25,625 million. - FY2017-Q2First statedAnnual report
「The Company will acquire treasury shares to improve capital efficiency and implement an agile capital policy. Total number of shares to be acquired: 15 million shares (maximum); total acquisition cost: ¥10 billion (maximum); acquisition period: from 14 November 2016 to 14 February 2017; acquisition method: market purchases.」
At its board meeting held on 10 November 2016, the company resolved to acquire treasury shares to improve capital efficiency and for other purposes. It also separately resolved to acquire 3,381,102 of the Company's common shares held by Tokyu Recreation.