Share Repurchases as an Agile Capital Policy
First written in FY2017-Q1. 17 of 23 entries say "Advanced", first in FY2017. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Status of the resolution by the Board of Directors (5 September 2025) (acquisition period: 8 September 2025 to 31 March 2026) 7,500,000 15,000,000,000.」「Treasury shares acquired during the current fiscal year 4,227,100 14,999,856,100.」
Against the treasury share acquisition plan capped at 7.5 million shares and ¥15 billion, the Company acquired 4,227,100 shares for approximately ¥15 billion during the current fiscal year. - FY2026-H1RaisedAnnual report
「② Total number of shares to be acquired: 7.5 million shares (maximum) (6.20% of the total number of issued shares excluding treasury shares) ③ Total acquisition cost: ¥15 billion (maximum) ④ Acquisition period: 8 September 2025 to 31 March 2026 ⑤ Acquisition method: market purchases on the Tokyo Stock Exchange」
The Company established a new large-scale treasury share acquisition plan capped at 7.5 million shares and ¥15 billion. As of 31 October 2025, it had acquired a cumulative 1,486,500 shares for ¥5,082 million. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors adopted on 7 June 2024, the Company acquired 816,400 treasury shares for ¥2,999 million.」
Under the resolution adopted on 7 June 2024, the Company acquired 816,400 treasury shares for ¥2,999 million. The acquisition plan announced at the end of the previous fiscal year, capped at 1,300,000 shares and ¥3 billion, progressed to the implementation stage. - FY2024AdvancedAnnual report
「Based on a resolution of the Board of Directors adopted on 4 August 2023, the Company acquired 1,240,000 treasury shares for ¥3,999,765,600.」「At a meeting of the Board of Directors held on 7 June 2024, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to Article 165, paragraph 3 of the Act.」「Total number of shares to be acquired: 1,300,000 shares (maximum)」「Total acquisition cost: ¥3,000 million (maximum)」「Acquisition period: 1 July 2024 to 30 December 2024」」
The previous acquisition plan, capped at 1.5 million shares and ¥4 billion, had progressed to 1.24 million shares and approximately ¥4 billion. After the filing, the Company resolved to make a new acquisition capped at 1.3 million shares and ¥3 billion. Following the share split, the acquisition limit will be 2.6 million shares. - FY2024-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors adopted on 4 August 2023, the Company acquired 1,240,000 treasury shares for ¥3,999 million.」
Treasury share purchases under the resolution adopted on 4 August 2023 had reached 1,240,000 shares, or ¥3,999 million, representing progress from the purchases completed through the previous quarter. - FY2024-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors adopted on 4 August 2023, the Company acquired 293,900 treasury shares for ¥967 million.」「(1) Class of shares acquired: the Company's common shares (2) Total number of shares acquired: 600,100 shares (3) Acquisition period: 1 October 2023 to 10 November 2023 (4) Total acquisition cost: ¥1,925 million (5) Acquisition method: market purchases on the Tokyo Stock Exchange」
Under the resolution adopted on 4 August 2023, the Company had acquired 293,900 treasury shares for ¥967 million on a cumulative basis for the current quarter. By the filing date, it had additionally acquired 600,100 shares for ¥1,925 million through market purchases, progressing the plan to acquire up to 1,500,000 shares for up to ¥4 billion. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 4 August 2023, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to Article 165, paragraph 3 of the Act. 1. Reason for the acquisition: To enhance shareholder returns and improve capital efficiency, while enabling the Company to implement flexible capital policies in response to future changes in the operating environment. 2. Details of the acquisition: (1) Class of shares to be acquired: the Company's common shares; (2) Total number of shares to be acquired: 1,500,000 shares (maximum); (3) Acquisition period: 21 August 2023 to 31 January 2024; (4) Total acquisition cost: ¥4,000 million (maximum); (5) Acquisition method: market purchases.」
The Company newly resolved to acquire up to 1.5 million treasury shares for up to ¥4 billion and announced plans to make market purchases from 21 August 2023 to 31 January 2024. - FY2023-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors adopted on 13 May 2022, the Company acquired 1,352,000 treasury shares for ¥2,999 million. Based on a resolution of the Board of Directors adopted on 13 May 2022, the Company also cancelled 2,500,000 treasury shares on 31 May 2022. As a result, retained earnings and treasury shares each decreased by ¥5,986 million.」
Treasury share purchases had reached 1,352,000 shares, or ¥2,999 million, and the Company also cancelled 2,500,000 shares. - FY2023-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors adopted on 13 May 2022, the Company acquired 1,207,400 treasury shares for ¥2,656 million. Based on a resolution of the Board of Directors adopted on 13 May 2022, the Company also cancelled 2,500,000 treasury shares. As a result of this cancellation, retained earnings and treasury shares each decreased by ¥5,986 million.」
Treasury share purchases had reached 1,207,400 shares, or ¥2,656 million, and the Company also cancelled 2,500,000 shares. In addition, it acquired a further 144,600 shares for ¥342 million from 1 to 17 October. - FY2023-Q1AdvancedAnnual report
「Based on a resolution of the Board of Directors adopted on 13 May 2022, the Company acquired 556,600 treasury shares for ¥1,143 million. Based on a resolution of the Board of Directors adopted on 13 May 2022, the Company also cancelled 2,500,000 treasury shares. As a result of this cancellation, retained earnings and treasury shares each decreased by ¥5,986 million.」
During the current quarter, the Company resumed the large-scale purchase of treasury shares that had been suspended in the previous fiscal year, acquiring 556,600 shares for ¥1,143 million. It also cancelled 2.5 million shares, reducing the treasury share balance. - FY2021Continued suspension of large-scale treasury share acquisitionsAnnual report
「This was mainly due to a ¥1,474 million decrease in payments for the purchase of treasury shares, a ¥151 million decrease in dividend payments, and a ¥130 million increase in proceeds from long-term borrowings.」
Payments for the purchase of treasury shares decreased by ¥1,474 million from the previous fiscal year, and no purchases were made based on resolutions of the Board of Directors during the current fiscal year. - FY2021-Q2Suspension of spending on treasury share purchasesAnnual report
「This was mainly due to a ¥20 billion increase in proceeds from the issuance of bonds and a ¥1,474 million decrease in cash used to acquire treasury shares.」
Cash used to acquire treasury shares during the cumulative second quarter decreased from ¥1,474 million in the same period of the previous year, and no such cash outflow was recorded in the current-period statement of cash flows. - FY2020AdvancedAnnual report
「Status of resolution at the Board of Directors meeting (10 May 2019) (acquisition date: 13 May 2019) 200,000 486,200,000.\"\u300dTreasury shares acquired during the fiscal year 200,000 486,200,000.\"\u300dStatus of resolution at the Board of Directors meeting (7 June 2019) (acquisition period: 10 June 2019 to 30 August 2019) 385,000 1,000,000,000.\"\u300dTreasury shares acquired during the fiscal year 385,000 988,195,600.」
During the fiscal year, a total of 585,000 treasury shares were acquired for approximately ¥1,475 million, building on the previous year's acquisition results. - FY2020-Q2AdvancedAnnual report
「Cash used in financing activities was ¥6,087 million, an increase of ¥882 million from the cumulative second quarter of the previous fiscal year. This was mainly due to a ¥685 million increase in cash used to acquire treasury shares.」
Cash used to acquire treasury shares during the cumulative second quarter increased by ¥685 million year on year, while the treasury share balance also increased by ¥1,418 million from the end of the previous consolidated fiscal year. - FY2020-Q1Increase in treasury sharesAnnual report
「This was mainly due to a ¥1,581 million decrease in valuation difference on other securities and an ¥800 million increase in treasury shares, partly offset by a ¥2,208 million increase in retained earnings.」
Treasury shares increased by ¥800 million from the end of the previous consolidated fiscal year, bringing the treasury share balance to 2,266,300 shares, including shares without voting rights. - FY2019AdvancedAnnual report
「Treasury shares acquired during the fiscal year 1,094,200 3,064,654,400」
Combining the resolutions of 2 March 2018, 7 September 2018 and 7 December 2018, 1,094,200 treasury shares were acquired during the fiscal year for approximately ¥3,065 million. The treasury share balance increased to 1,943,839 shares at the fiscal year-end. - FY2019-Q3Increase in treasury sharesAnnual report
「This was mainly due to a ¥4,187 million decrease in valuation difference on other securities and a ¥3,050 million increase in treasury shares, partly offset by a ¥6,283 million increase in retained earnings.」
The Company disclosed that treasury shares at the end of the third quarter had increased by ¥3,050 million from the end of the previous consolidated fiscal year. - FY2019-Q2AdvancedAnnual report
「Cash used in financing activities was ¥5,205 million, an increase of ¥838 million from the cumulative second quarter of the previous fiscal year. This was mainly due to an ¥788 million increase in cash used to acquire treasury shares.」
Cash used to acquire treasury shares during the cumulative second quarter was ¥788 million, indicating progress in the implementation of the treasury share acquisition. - FY2018AdvancedAnnual report
「Status of resolution at the Board of Directors meeting (2 March 2018) (acquisition period: 5 March 2018 to 31 May 2018) 700,000 2,000,000,000.\"\u300dTreasury shares acquired during the fiscal year 191,000 528,691,700.」
On 2 March 2018, the Company resolved to acquire treasury shares up to 700,000 shares for a total of ¥2 billion, and acquired 191,000 shares for ¥528,691,700 during the fiscal year. - FY2017AdvancedAnnual report
「Treasury shares acquired during the fiscal year 71,500 160,719,000」
Against the resolution to acquire up to 2.5 million shares for ¥5 billion, 71,500 shares were acquired for ¥160,719,000 during the fiscal year. The unexercised portion of the resolution was 97.1% by share count and 96.8% by value, so only part of the authorised acquisition was carried out. - FY2017-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 5 August 2016, the Company resolved to acquire treasury shares pursuant to Article 156, Paragraph 1 of the Companies Act, as applied mutatis mutandis under Article 165, Paragraph 3. 1. Reason for acquiring treasury shares: To enable the flexible implementation of capital policies in response to changes in the business environment. 2. Details of the acquisition: (1) Class of shares to be acquired: The Company's common shares (2) Total number of shares to be acquired: 2,500,000 shares (maximum) (3) Acquisition period: 17 August 2016 to 30 December 2016 (4) Total acquisition price: ¥5,000 million (maximum) (5) Method of acquisition: Market purchases」
As a significant subsequent event after the end of the first quarter, the Company resolved to acquire up to 2.5 million treasury shares for up to ¥5 billion.