Shareholder Returns and Improved Capital Efficiency Through Treasury Stock Purchases
First written in FY2018. 6 of 8 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2020.
- FY2020AchievedAnnual report
「Treasury shares acquired during the fiscal year 3,000,000 4,856,958,500」
For the treasury share acquisition resolved on 9 May 2019, all 3 million shares under the maximum limit were acquired, at an acquisition cost of approximately ¥4,857 million. - FY2020-Q3AdvancedAnnual report
「The main factors were increases of ¥4,244 million in retained earnings and ¥1,118 million in capital surplus, and a decrease of ¥3,713 million due to the acquisition of treasury shares, among other factors.」
The acquisition of treasury shares resulted in a ¥3,713 million decrease in net assets, indicating further progress from the previous quarter in executing shareholder return and capital efficiency measures. - FY2020-Q2AdvancedAnnual report
「Cash outflows from financing activities during the cumulative second quarter of the current consolidated fiscal year totaled ¥2,747 million, an increase of ¥30 million from the same period of the previous year. This was mainly due to cash outflows of ¥2,085 million for the acquisition of treasury shares and ¥998 million for dividend payments, partially offset by a net increase of ¥1,080 million in short-term borrowings, among other factors.」
Cash outflows for the acquisition of treasury shares totaled ¥2,085 million during the cumulative second quarter of the current fiscal year, indicating progress in executing shareholder return and capital efficiency measures through treasury share acquisitions. - FY2020-Q1AdvancedAnnual report
「The main factors were an increase of ¥1,352 million in retained earnings, a decrease of ¥766 million due to the acquisition of treasury shares, and a decrease of ¥481 million in the valuation difference on available-for-sale securities, among other factors.」
The acquisition of treasury shares resulted in a ¥766 million decrease in net assets, indicating progress in executing measures to enhance shareholder returns and capital efficiency. - FY2019AdvancedAnnual report
「At a meeting of the Board of Directors held on 9 May 2019, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied mutatis mutandis under Article 165, paragraph 3 of the Act. Maximum number of shares that may be acquired: 3,000,000; maximum aggregate acquisition cost: ¥5,000 million; acquisition period: 10 May 2019 to 9 May 2020.」
Following the previous treasury share acquisition, the Company resolved on a new acquisition of up to 3 million shares and ¥5 billion over a 1-year period, with the aim of enhancing shareholder returns and capital efficiency. - FY2019-Q3AdvancedAnnual report
「The main factors were increases of ¥4,883 million in retained earnings and ¥300 million in the cumulative adjustments related to retirement benefits, and decreases of ¥1,561 million due to the acquisition of treasury shares and ¥188 million in the land revaluation reserve, among other factors.」
The acquisition of treasury shares resulted in a ¥1,561 million decrease in net assets, indicating progress in executing the acquisition. - FY2019-Q2AdvancedAnnual report
「This was mainly due to cash outflows of ¥1,024 million for dividend payments, ¥852 million for the acquisition of treasury shares, and ¥648 million for the repayment of long-term borrowings, among other factors.」
Following the resolution to acquire treasury shares, acquisition-related cash outflows of ¥852 million were recorded during the cumulative second quarter of the current consolidated fiscal year, indicating progress in execution. - FY2018First statedAnnual report
「To implement an agile and flexible capital policy in response to changes in the business environment, enhance returns to shareholders, and improve capital efficiency, the Company will acquire treasury shares. Maximum number of shares that may be acquired: 3,000,000; maximum aggregate acquisition cost: ¥5,000 million; acquisition period: 16 May 2018 to 15 May 2019.」
The Company resolved to acquire treasury shares, up to 3 million shares and ¥5 billion, over a 1-year period, with the aim of enhancing shareholder returns and capital efficiency.