Improving Capital Efficiency and Returning Capital through Share Repurchases
First written in FY2020. 13 of 24 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-07-30.
- 2026-07-30AdvancedEarnings
「During the cumulative first-quarter period of the consolidated fiscal year, the Company acquired 237,800 treasury shares for ¥861 million.」
Reported first-quarter treasury share acquisitions under the treasury share acquisition plan. - FY2026AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 May 2026, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act and cancelled 1,875,500 treasury shares effective 15 May 2026. Total number of shares that may be acquired: 1,700,000 shares (maximum) Total acquisition cost: ¥5 billion (maximum) Acquisition period: 22 May 2026 to 16 April 2027」
Following the acquisitions and cancellation in the previous fiscal year, the Company cancelled 1,875,500 shares and resolved a new treasury share acquisition plan with limits of 1,700,000 shares and ¥5 billion. - FY2026-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 May 2025, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act and cancelled 1,225,580 treasury shares effective 15 May 2025. At the same meeting, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156, paragraph 1 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act, and acquired 467,600 treasury shares for ¥2,349 million during the interim consolidated accounting period.」
The Company cancelled 1,225,580 treasury shares and acquired 467,600 shares for ¥2,349 million during the interim period. It continues to improve capital efficiency and enhance shareholder returns through treasury share acquisitions and cancellations. - FY2025SoftenedAnnual report
「At a meeting of the Board of Directors held on 8 May 2025, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act. Total number of shares that may be acquired: 1,400,000 shares (maximum) Total acquisition cost: ¥5 billion (maximum) Acquisition period: 22 May 2025 to 15 April 2026」
The previous plan had limits of 1,600,000 shares and ¥5 billion, while the new plan set the share limit at 1,400,000. Meanwhile, the Company acquired 1,224,000 shares during fiscal 2024 and cancelled 1,225,580 shares on 15 May 2025. - FY2025-H1RaisedAnnual report
「At a meeting of the Board of Directors held on 8 May 2024, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act, and acquired 708,300 treasury shares for ¥2,800 million during the interim consolidated accounting period. Total number of shares that may be acquired 1,400,000 shares (maximum) 1,600,000 shares (maximum) Total acquisition cost ¥4 billion (maximum) ¥5 billion (maximum)」
During the interim period, the Company acquired 708,300 treasury shares for ¥2,800 million. It also resolved to raise the acquisition limits from 1,400,000 shares and ¥4 billion to 1,600,000 shares and ¥5 billion, expanding its shareholder return and capital-efficiency measures. - FY2024AdvancedAnnual report
「Treasury shares acquired during the fiscal year 3,101,118 8,373,018,600」
The Company acquired 3,101,118 shares for ¥8,373 million through a tender offer for shares held by KDDI, bringing total treasury share acquisitions for the fiscal year to ¥11,263 million. The Company also cancelled 4,533,518 treasury shares. - FY2024-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 April 2023, the Company resolved to acquire treasury shares pursuant to Article 156, paragraph 1 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act, and to conduct a tender offer for treasury shares as the specific acquisition method. On 21 June 2023, the Company acquired 3,101,118 treasury shares for ¥8,373 million. At a meeting of the Board of Directors held on 26 July 2023, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act and cancelled 3,101,118 treasury shares effective 9 August 2023. At a meeting of the Board of Directors held on 26 July 2023, the Company also resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act, and acquired 585,800 treasury shares for ¥1,856 million during the nine-month period of the fiscal year.」
The Company acquired 3,101,118 shares for ¥8,373 million through a tender offer for shares held by KDDI and cancelled all of those shares. Separately, it acquired 585,800 treasury shares for ¥1,856 million. - FY2024-Q1AdvancedAnnual report
「(1) Reason for acquiring treasury shares To enhance returns to shareholders through improved capital efficiency (2) Details of the acquisition ② Total number of shares that may be acquired: 1,200,000 shares (maximum) ③ Total acquisition cost: ¥3,000,000,000 (maximum) ④ Acquisition period: 1 August 2023 to 19 April 2024 ⑤ Acquisition method: Market purchases on the Tokyo Stock Exchange」
As a material subsequent event resolved on 26 July 2023, the Company disclosed a new market-purchase plan for up to 1,200,000 shares and ¥3 billion in total. - FY2024-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 27 April 2023, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act and cancelled 1,432,400 treasury shares effective 18 May 2023.」
All 1,432,400 treasury shares acquired during fiscal 2022 were cancelled effective 18 May 2023. - FY2023RaisedAnnual report
「The Company resolved to acquire treasury shares on the premise that it would acquire part of the common shares of the Company owned by KDDI CORPORATION, as it considered it necessary to examine further acquisitions and cancellations of treasury shares to achieve the EPS growth target set out in the current medium-term management plan. Number of shares to be purchased: 3,400,000 shares. Purchase price: ¥2,700 per common share.」
In addition to market purchases of treasury shares, the Company resolved to conduct a tender offer for part of the shares held by KDDI. Against the planned purchase of 3,400,000 shares, the actual acquisition was 3,101,118 shares at an acquisition cost of ¥8,373 million. - FY2023-Q3RaisedAnnual report
「Before the change Total number of shares that may be acquired 1,400,000 shares (maximum) Total acquisition cost ¥3 billion (maximum) After the change Total number of shares that may be acquired 1,600,000 shares (maximum) Total acquisition cost ¥4 billion (maximum) Acquisition period: 10 May 2022 to 21 April 2023」
Under the treasury share acquisition plan, the limits were raised from 1,400,000 shares and ¥3 billion to 1,600,000 shares and ¥4 billion. Cumulative acquisitions through the third quarter totaled 941,500 shares and ¥2,494 million. - FY2023-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 April 2022, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act. The Company acquired treasury shares during the period from 10 May 2022 to 30 June 2022, on a contract-date basis, up to a limit of 700,000 shares and ¥3,000 million in total. As a result, during the first quarter of the fiscal year, the Company acquired 118,900 treasury shares, increasing treasury shares by ¥616 million.」
Under the 2022 treasury share acquisition plan, the Company acquired 118,900 shares and ¥616 million in total acquisitions through the quarter, against limits of 700,000 shares and ¥3 billion. - FY2022RaisedAnnual report
「Total number of shares that may be acquired: 700,000 shares (maximum) Total acquisition cost: ¥3 billion (maximum) Acquisition period: 10 May 2022 to 21 April 2023 Acquisition method: Market purchases on the Tokyo Stock Exchange」
The Company resolved a new treasury share acquisition plan, raising the limits from 600,000 shares and ¥2 billion to 700,000 shares and ¥3 billion. - FY2022-Q3Cited as achievedAnnual report
「At a meeting of the Board of Directors held on 24 April 2020, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act. The Company acquired treasury shares during the period from 18 May 2020 to 23 April 2021, on a contract-date basis, up to a limit of 600,000 shares and ¥2,000 million in total. As a result, during the nine-month period of the fiscal year, the Company acquired 20,900 treasury shares, increasing treasury shares by ¥106 million.」
The Company continues to report the treasury share acquisition plan and the previous capital-efficiency initiative, under which 464,100 shares were acquired and cancelled. - FY2022-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 24 April 2020, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act. The Company acquired 464,100 treasury shares during the period from 18 May 2020 to 23 April 2021, on a contract-date basis, and cancelled all of them effective 18 May 2021.」
The treasury share acquisition plan was completed with the acquisition of 464,100 shares and the cancellation of all shares effective 18 May 2021. - FY2021AdvancedAnnual report
「Treasury shares acquired during the fiscal year 443,200 1,893,669,431」
Under the treasury share acquisition plan, the Company acquired 443,200 shares during the fiscal year for ¥1,893,669,431. In addition, the Company cancelled 464,100 shares on 18 May 2021. - FY2021-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 April 2020, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act. The Company acquired treasury shares during the period from 18 May 2020 to 31 December 2020, up to a limit of 600,000 shares and ¥2,000 million in total. As a result, during the nine-month period of the fiscal year, the Company acquired 374,400 treasury shares, increasing treasury shares by ¥1,559 million.」
Under the treasury share acquisition plan, the Company acquired 374,400 shares between 18 May and 31 December 2020, with total acquisitions of ¥1,559 million. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 April 2020, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act. The Company acquired treasury shares during the period from 18 May 2020 to 30 September 2020, up to a limit of 600,000 shares and ¥2,000 million in total. As a result, during the six-month period of the fiscal year, the Company acquired 256,100 treasury shares, increasing treasury shares by ¥1,061 million.」
Under the treasury share acquisition plan, the Company acquired 256,100 shares between 18 May and 30 September 2020, with total acquisitions of ¥1,061 million. - FY2021-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 24 April 2020, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the same Act. The Company acquired treasury shares during the period from 18 May 2020 to 30 June 2020, up to a limit of 600,000 shares and ¥2,000 million in total. As a result, during the first quarter of the fiscal year, the Company acquired 73,900 treasury shares, increasing treasury shares by ¥309 million.」
Under the treasury share acquisition plan, the Company acquired 73,900 shares between 18 May and 30 June 2020, with total acquisitions of ¥309 million. - FY2020First statedAnnual report
「The Company resolved to acquire up to 600,000 common shares, with a total acquisition cost of up to ¥2 billion, through market purchases on the Tokyo Stock Exchange during the period from 18 May 2020 to 23 April 2021, in order to enhance returns to shareholders through improved capital efficiency.」
As a shareholder return measure separate from dividends, the Company resolved for the first time on a specific share buyback aimed at improving capital efficiency. The limits were 600,000 shares and ¥2 billion in total, and the acquisition period and market-purchase method were also specified.