Improving Capital Efficiency and Increasing Shareholder Returns through the Cancellation of Treasury Shares
First written in FY2017-Q3. 3 of 5 entries say "Achieved", first in FY2018. Latest entry: FY2026-H1.
77 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「Based on a resolution of the Board of Directors at a meeting held on 9 June 2025, the company cancelled 500,000 treasury shares effective 23 June 2025.」
The company cancelled 500,000 treasury shares effective 23 June 2025. - FY2022AchievedAnnual report
「Acquired treasury shares cancelled: 350,000」
The annual disclosure confirms that the 350,000 treasury shares acquired in September 2021 were cancelled. - FY2022-Q2AdvancedAnnual report
「24 September 2021 (Note) This represents a reduction resulting from the cancellation of treasury shares. △350,000 24,262,227」
The disclosure describes the specific development that 350,000 treasury shares were cancelled effective 24 September 2021. - FY2018AchievedAnnual report
「The reduction in the number of issued common shares resulted from the cancellation of 551,000 treasury shares pursuant to a resolution of the Board of Directors.」
The change in the number of shares confirms that the cancellation of the 551,500 treasury shares resolved in the previous fiscal year has been completed. - FY2017-Q3First statedAnnual report
「The company will cancel treasury shares to improve capital efficiency and increase shareholder value. Number of shares to be cancelled: 551,500 shares (2.19% of the total number of issued shares before the cancellation); scheduled cancellation date: 15 February 2017.」
The disclosure describes a Board of Directors resolution to cancel 551,500 treasury shares on 15 February 2017. It explicitly identifies the cancellation of treasury shares as a means of improving capital efficiency and increasing shareholder value.