Shareholder Returns Through Share Repurchases and Cancellation of Holdings Exceeding 5%
First written in FY2021. 8 of 14 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2026.
7 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「The treasury-share acquisition plan was also increased from ¥40 billion cumulatively over the period to ¥70 billion, strengthening shareholder returns. The policy is to hold treasury shares at approximately 5% of total shares issued, in principle canceling any shares held in excess of that level, and to use treasury shares held effectively to enhance corporate value, including for director and officer compensation plans.」
The company increased its four-year treasury-share acquisition target from ¥40 billion to ¥70 billion and set a total payout ratio target of 100%. In FY2026, it acquired shares up to the ¥20 billion limit and canceled 2,568,508 shares. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 May 2025, the company resolved matters concerning 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 the Act, and acquired 1,242,600 shares of its common stock for ¥9,736 million.」
Under the treasury-share acquisition plan, the company acquired 1,242,600 shares for ¥9,736 million in the first half of FY2026. Including purchases through the end of October 2025 after the filing, cumulative acquisitions totaled 1,543,600 shares at a cost of ¥12,120 million. - FY2025RaisedAnnual report
「Board of Directors (resolution status as of 13 May 2025) 5,000,000 (limit) 20,000,000 (limit)」
Under the policy of increasing treasury-share acquisitions over four years to ¥70 billion, the company resolved in May 2025 to conduct a new treasury-share acquisition of up to 5 million shares and ¥20 billion. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2024, the company resolved matters concerning 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 the Act, and acquired 1,851,000 shares of its common stock for ¥9,343 million.」
Under the new treasury-share acquisition plan, the company acquired 1,851,000 shares for ¥9,343 million during the first half. Cumulative acquisitions through 31 October 2024 totaled 2,361,300 shares at a cost of ¥11,814 million, progressing toward the limit of 3.75 million shares and ¥15 billion. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2024, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the terms pursuant to Article 165, Paragraph 3 of the Act, and to cancel treasury shares pursuant to Article 178 of the Companies Act.」
The previous treasury-share acquisition was completed at its limits during FY2024, totaling 3,008,800 shares and approximately ¥15 billion, and 3,185,209 shares were canceled on 15 April 2024. On 13 May 2024, the company also resolved a new acquisition of up to 3.75 million shares and ¥15 billion, together with the cancellation of holdings exceeding 5%. - FY2024-Q3AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors dated 10 May 2023, the company conducted market purchases as set out below from 1 January 2024 to 31 January 2024.」
The treasury-share acquisition resolved on 10 May 2023 had reached 2,660,300 shares and ¥13,149 million by the end of the third quarter. Including purchases through 31 January 2024 after the filing, cumulative acquisitions reached 2,831,600 shares and ¥14,050 million, approaching the limit of 3.75 million shares and ¥15 billion. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 May 2023, the company resolved matters concerning 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 the Act, and acquired 1,589,100 shares of its common stock for ¥7,842 million.」
Pursuant to the resolution of 10 May 2023, the company acquired 1,589,100 treasury shares for ¥7,842 million during the first half. Cumulative acquisitions through 31 October 2023 totaled 1,934,600 shares at a cost of ¥9,590 million. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 May 2023, the company resolved matters concerning 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 the Act, and acquired 767,600 shares of its common stock for ¥3,743 million.」
With a total payout ratio target of approximately 70% under the Medium-Term Management Plan 2026, the company acquired 767,600 treasury shares for ¥3,743 million in the first quarter pursuant to the resolution of 10 May 2023. - FY2023AdvancedAnnual report
「Under the capital policy of the Medium-Term Management Plan 2026, the company aims to "achieve sustainable growth and maximize corporate value while emphasizing capital efficiency," and has set a total payout ratio of approximately 70% for the four years from 2023 through 2026 as one of its target indicators for shareholder returns used to measure progress toward that goal.」
Based on the approximately 70% total payout ratio target under the Medium-Term Management Plan 2026, the company resolved in May 2023 to conduct a share buyback of up to 3.75 million shares and ¥15 billion during the period from 11 May 2023 to 10 May 2024, and also planned to cancel holdings exceeding 5%. - FY2022-Q2AchievedAnnual report
「Cumulative treasury shares acquired by 29 October 2021 pursuant to the above Board of Directors resolution: (1) Total number of shares acquired: 2,002,700 shares; (2) Total acquisition cost: ¥9,999,310,480. 2. At a meeting of the Board of Directors held on 10 May 2021, the company resolved matters concerning the cancellation of treasury shares pursuant to Article 178 of the Companies Act and implemented the cancellation on 15 November 2021. (2) Number of shares canceled: 3,457,628 shares」
The treasury-share acquisition was completed at nearly the ¥10 billion limit, totaling approximately ¥9,999 million and 2,002,700 shares, and 3,457,628 shares corresponding to the holdings exceeding 5% were canceled on 15 November 2021. - FY2022-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 May 2021, the company resolved matters concerning 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 the Act, and acquired 729,600 shares of its common stock for ¥3,534 million.」
Under its treasury-share acquisition policy, the company acquired 729,600 shares for ¥3,534 million in the first quarter. Including market purchases after the filing, cumulative acquisitions through 31 July 2021 totaled 1,011,100 shares at a total acquisition cost of ¥4,911 million. - FY2021First statedAnnual report
「Our basic policy is to conduct share buybacks as appropriate after taking into account share-price levels and market conditions, and to hold treasury shares at approximately 5% of the total number of shares issued, in principle canceling any shares held in excess of that level.」
The company explicitly stated for the first time its policy of conducting share buybacks as appropriate and, as a general rule, canceling treasury shares held in excess of approximately 5% of total shares issued. Following the filing, it also resolved a maximum acquisition of 2.5 million shares and ¥10 billion, an acquisition period from 11 May 2021 to 29 October 2021, and the cancellation of excess shares on 15 November 2021.