Improving Capital Efficiency and Shareholder Value Through Treasury Share Cancellations
First written in FY2018-Q3. 7 of 12 entries say "Achieved", first in FY2018. Latest entry: FY2025.
77 other companies' latest entry also says "Achieved".
- FY2025AchievedAnnual report
「Treasury shares cancelled 5,500,000 16,117,053,865」
On 25 March 2025, the Company cancelled 5.5 million treasury shares, reducing the total number of shares issued from 112,076,837 to 106,576,837. - FY2024Cited as achievedAnnual report
「Treasury shares cancelled 4,300,000 11,242,305,687」
The full-year disclosure also records the completed cancellation of 4.3 million treasury shares on 24 November 2023. - FY2024-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors dated 10 November 2023, the Company cancelled 4,300 thousand treasury shares on 24 November 2023. As a result, during the cumulative consolidated period through the third quarter of the current fiscal year, retained earnings and treasury shares each decreased by ¥11,229 million and ¥11,242 million, respectively.」
The Company completed the cancellation of 4.3 million treasury shares resolved in the previous quarter on 24 November 2023. - FY2024-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 November 2023, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act. ① Class of shares to be cancelled: The Company's common shares ② Number of shares to be cancelled: 4,300,000 shares ③ Cancellation date: 24 November 2023 ④ Total number of shares issued after cancellation: 112,076,837 shares」
The Company newly disclosed a resolution to cancel 4.3 million treasury shares on 24 November 2023, resulting in 112,076,837 shares issued after cancellation. - FY2023-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors dated 13 May 2022, the Company cancelled 6,770 thousand treasury shares on 24 May 2022. Based on a resolution of the Board of Directors dated 11 November 2022, it also cancelled 4,350 thousand treasury shares on 25 November 2022. As a result, during the cumulative consolidated period through the third quarter of the current fiscal year, retained earnings and treasury shares each decreased by ¥22,999 million and ¥23,006 million, respectively.」
The disclosure states that the Company completed the cancellation of 4.35 million treasury shares resolved in the previous quarter on 25 November 2022. Together with the cancellation of 6.77 million shares on 24 May, the reduction in the total number of shares issued has progressed. - FY2023-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 13 May 2022, the Company cancelled 6,770 thousand treasury shares on 24 May 2022. As a result, during the cumulative consolidated period through the second quarter of the current fiscal year, retained earnings and treasury shares each decreased by ¥13,292 million and ¥13,298 million, respectively. At a meeting of the Board of Directors held on 11 November 2022, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act. ① Class of shares to be cancelled: The Company's common shares ② Number of shares to be cancelled: 4,350,000 shares ③ Cancellation date: 25 November 2022 ④ Total number of shares issued after cancellation: 116,376,837 shares」
The disclosure records the completed cancellation of 6.77 million treasury shares on 24 May 2022 and a resolution to cancel 4.35 million shares on 25 November. - FY2022AchievedAnnual report
「Treasury shares cancelled 1,570,000 3,063,982,969 Period under review Treasury shares cancelled 6,770,000 13,298,824,661」
The Company cancelled 1.57 million treasury shares on 18 March 2022. In addition, 6.77 million shares were cancelled during the period through the filing date, advancing the reduction in the total number of shares issued through treasury-share cancellations. - FY2021AchievedAnnual report
「Treasury shares cancelled 1,870,000 3,594,540,791」
On 19 March 2021, the Company cancelled 1.87 million treasury shares, reducing the total number of shares issued from 130,936,837 to 129,066,837. - FY2020AchievedAnnual report
「Treasury shares cancelled 3,450,000 6,642,554,741」
The cancellation of 3.45 million treasury shares scheduled for 28 February 2020 has been completed, and the total number of shares issued is 130,936,837. - FY2020-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 February 2020, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant provisions under Article 165, paragraph 3, and to cancel treasury shares pursuant to Article 178 of the Companies Act. (3) Details of the cancellation of treasury shares ① Class of shares to be cancelled: The Company's common shares ② Number of shares to be cancelled: 3,450,000 shares ③ Scheduled cancellation date: 28 February 2020 ④ Total number of shares issued after cancellation: 130,936,837 shares」
The Company resolved to cancel 3.45 million treasury shares on 28 February 2020 for reasons including improving capital efficiency and share value, with the total number of shares issued after cancellation to be 130,936,837. The disclosure describes the matter as resolved and scheduled, not as completed. - FY2018AchievedAnnual report
「Treasury shares cancelled 2,786,000 4,999,894,900」
The cancellation of 2,786,000 treasury shares scheduled for 28 February 2018 has been completed, completing the initiative to improve capital efficiency and share value by reducing the total number of shares issued. - FY2018-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 9 February 2018, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act. (1) Reason for the cancellation of treasury shares To improve capital efficiency and enhance share value by reducing the total number of shares issued. (2) Details of the cancellation ① Class of shares to be cancelled: The Company's common shares ② Number of shares to be cancelled: 2,786,000 shares ③ Scheduled cancellation date: 28 February 2018 ④ Total number of shares issued after cancellation: 134,386,837 shares」
The Company resolved to cancel 2,786,000 treasury shares on 28 February 2018, with the total number of shares issued planned to be 134,386,837 after the cancellation. The stated purpose was to improve capital efficiency and share value.