Flexible Capital Policy and Shareholder Returns Through Share Buybacks
First written in FY2020-Q1. 10 of 14 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
- FY2026AchievedAnnual report
「Pursuant to the Board of Directors resolution of 11 November 2025, the company acquired 2,949,200 treasury shares on 12 November 2025 and cancelled all of them on 28 November 2025.」
Regarding the treasury share acquisition disclosed previously, the acquisition of 2,949,200 shares for ¥6,317 million and the cancellation of all acquired shares have been completed. - FY2026-H1AdvancedAnnual report
「At a Board of Directors meeting held on 11 November 2025, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act as applied by replacing certain terms under Article 165, Paragraph 3 of the Act, and to cancel all treasury shares acquired pursuant to Article 178 of the Act. The company acquired the treasury shares on 12 November 2025. ② Number of shares to be acquired: 2,949,200 shares (8.7% of the total number of issued shares, excluding treasury shares) ③ Total acquisition cost: ¥6,317 million」
On 12 November 2025, the company acquired 2,949,200 treasury shares for a total of ¥6,317 million and resolved to cancel all acquired shares. The acquisition was completed at a larger scale than the previous treasury share acquisition, while the scheduled cancellation date is 28 November 2025. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 May 2024, 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 Act, and acquired the treasury shares on 28 May 2024.」
Pursuant to the resolution of 27 May 2024, the company acquired 1.4 million treasury shares on 28 May for a total of ¥2,906 million. The scale of its agile capital policy and shareholder returns expanded from the previous acquisition of 38,418 shares for approximately ¥77.95 million. - FY2024-Q2RestatedAnnual report
「Cash used for the acquisition of treasury shares △ 78」
The company disclosed ¥78 million of cash used for the acquisition of treasury shares in financing activities during the six-month period ended the second quarter. No additional progress, such as a new acquisition resolution or an increase in the number of shares acquired, was indicated. - FY2023AdvancedAnnual report
「Status of the resolution at the Board of Directors meeting (11 May 2023) (acquisition period: 12 May 2023 to 12 May 2023): 38,418 shares; ¥77,950,122」
Regarding the treasury share acquisition, the company disclosed that it had acquired 38,418 shares for ¥77,950,122 pursuant to the resolution of 11 May 2023, as of the filing date, indicating progress in implementing its agile capital policy and returning profits to shareholders. - FY2023-Q2RestatedAnnual report
「The main factors were repayments of long-term borrowings of ¥269 million and dividend payments of ¥809 million.」
The six-month period ended the second quarter contained no cash outflow for treasury share acquisitions, and no new acquisition results or progress on resolutions were disclosed. - FY2022-Q3AdvancedAnnual report
「Total net assets at the end of the third quarter increased by ¥2,235 million from ¥73,878 million at the end of the previous consolidated fiscal year to ¥76,114 million. This was mainly because the company recorded quarterly net income attributable to owners of the parent of ¥4,444 million, despite decreases of ¥824 million from the acquisition of treasury shares, ¥1,203 million from dividend payments, and ¥257 million in the valuation difference on other securities.」
The decrease in net assets due to the acquisition of treasury shares totaled ¥824 million by the end of the third quarter of the current consolidated accounting period, indicating progress from the ¥624 million recorded in the six-month period ended the second quarter of the previous year. - FY2022-Q2AdvancedAnnual report
「The main factors were repayment of long-term borrowings (¥290 million), the acquisition of treasury shares (¥624 million), and dividend payments (¥533 million).」
The company disclosed that spending on the acquisition of treasury shares totaled ¥624 million during the six-month period ended the second quarter, indicating progress in executing the treasury share acquisition resolution. - FY2022-Q1AdvancedAnnual report
「Total net assets at the end of the first quarter of the current consolidated accounting period increased by ¥235 million from ¥73,878 million at the end of the previous consolidated fiscal year to ¥74,113 million. This was mainly because quarterly net income attributable to owners of the parent of ¥1,114 million was recorded, despite decreases of ¥533 million due to dividend payments and ¥295 million due to the acquisition of treasury shares.」
Regarding the treasury share acquisition, the company disclosed that ¥295 million was spent on acquisitions during the first quarter, indicating progress from the acquisitions made through the end of the previous fiscal year. - FY2021AdvancedAnnual report
「Status of the resolution at the Board of Directors meeting (5 February 2021) (acquisition period: 8 February 2021 to 23 December 2021): 600,000 shares; ¥1,000,000,000」
Regarding the February 2021 resolution to acquire treasury shares, the company acquired 77,300 shares for ¥176 million during the fiscal year, indicating progress in execution under the resolution. - FY2021-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 5 February 2021, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act as applied by replacing certain terms under Article 165, Paragraph 3 of the Act. 1. Reason Implementation of an agile capital policy in response to changes in the business environment and the return of profits to shareholders 2. Class of shares to be acquired: Common shares 3. Number of shares to be acquired: 600,000 shares (maximum) 4. Total acquisition cost: ¥1,000,000,000 (maximum) 5. Acquisition period: 8 February 2021 to 23 December 2021 6. Acquisition method: Market purchases on the Tokyo Stock Exchange」
Following the previous treasury share acquisition, the company adopted a new resolution to acquire up to 600,000 shares for a total of up to ¥1 billion during the period from 8 February to 23 December 2021. The reasons were an agile capital policy and the return of profits to shareholders. - FY2020-Q3AdvancedAnnual report
「Total net assets, including non-controlling interests, increased by ¥2,317 million from ¥66,076 million at the end of the previous consolidated fiscal year to ¥68,394 million at the end of the third quarter, mainly because the company recorded quarterly net income attributable to owners of the parent of ¥3,916 million, despite dividend payments of ¥1,078 million and the acquisition of treasury shares for ¥695 million.」
Regarding the treasury share acquisition, the company disclosed that acquisitions during the nine-month period ended the third quarter totaled ¥695 million, indicating progress from the ¥247 million acquired through the previous quarter. - FY2020-Q2AdvancedAnnual report
「Cash used in financing activities during the six-month period ended the second quarter was ¥1,227 million, an increase of ¥183 million, or 17.5%, from the same period of the previous year. The main factors were dividend payments of ¥540 million, repayments of long-term borrowings of ¥334 million and the acquisition of treasury shares of ¥247 million.」
Regarding the treasury share acquisition resolved in the previous quarter, the company disclosed that ¥247 million was spent on acquisitions during the six-month period ended the second quarter, indicating progress in executing the plan. - FY2020-Q1First statedAnnual report
「At a Board of Directors meeting held on 9 August 2019, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act as applied by replacing certain terms under Article 165, Paragraph 3 of the Act. 1. Reason Implementation of an agile capital policy in response to changes in the business environment and the return of profits to shareholders 2. Class of shares to be acquired: Common shares 3. Number of shares to be acquired: 600,000 shares (maximum) 4. Total acquisition cost: ¥1,000,000,000 (maximum) 5. Acquisition period: 13 August 2019 to 11 March 2020 6. Acquisition method: Market purchases on the Tokyo Stock Exchange」
As a significant subsequent event, the company disclosed for the first time a resolution to acquire up to 600,000 treasury shares for a total acquisition cost of up to ¥1 billion during the period from 13 August 2019 to 11 March 2020, citing an agile capital policy in response to changes in the business environment and the return of profits to shareholders.