Flexible Capital Policy and Financial Strategy Through Treasury Share Repurchases
First written in FY2017-Q2. 14 of 20 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「Number of treasury shares acquired during the fiscal year 1,677,900 2,999,854 Total number and aggregate value of shares covered by remaining resolutions 822,100 145 Percentage not exercised as of the end of the fiscal year (%) 32.88 0」
Regarding the acquisition of treasury shares resolved on 25 April 2025, the company acquired 1,677,900 shares for ¥2,999 million during the fiscal year, indicating progress in implementing the plan. It also stated that the Board of Directors resolved on 20 May 2026 to cancel 4,400,300 shares on 30 June 2026. - FY2026-H1AdvancedAnnual report
「Cash used in financing activities amounted to ¥542 million (¥1,434 million used in the previous interim consolidated accounting period). This was due to ¥2,300 million in proceeds from short-term borrowings, offset by ¥2,327 million used to acquire treasury shares and ¥514 million in dividend payments.」
The disclosure states that ¥2,327 million was spent on the acquisition of treasury shares during the interim consolidated accounting period, indicating progress in the acquisition plan approved in April 2025. - FY2025RaisedAnnual report
「At a meeting of the Board of Directors held on 25 April 2025, 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. 3. Number of shares to be acquired: 2,500,000 shares (maximum) 4. Total acquisition cost: ¥3,000,000 thousand (maximum) 5. Acquisition period: 28 April 2025 to 31 March 2026」
Under the previous plan, the company acquired 1,000,000 shares for ¥1,383.63 million, then resolved a new treasury share acquisition plan with a maximum of 2.5 million shares and total acquisition cost of ¥3,000 million, increasing the scale of the program. - FY2025-H1AdvancedAnnual report
「Net assets were ¥34,964 million, a decrease of ¥993 million from the end of the previous consolidated fiscal year. This was mainly because ¥1,081 million was spent on the acquisition of treasury shares.」
Regarding the treasury share acquisition plan resolved in April 2024, the company disclosed that ¥1,081 million was spent during the current interim consolidated accounting period, indicating progress in implementing the plan. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 25 April 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. 1. Reason To expand shareholder returns and improve capital efficiency, while enabling the company to pursue a flexible capital policy and financial strategy in response to future changes in the business environment. 2. Class of shares to be acquired: The company’s common shares 3. Number of shares to be acquired: 500,000 shares (maximum) 4. Total acquisition cost: ¥1,500,000 thousand (maximum) 5. Acquisition period: 7 May 2024 to 30 April 2025 6. Acquisition method: Market purchases on the Tokyo Stock Exchange」
Regarding the treasury share acquisition, the company resolved a new plan for market purchases from 7 May 2024 to 30 April 2025, with a maximum of 500,000 shares and total acquisition cost of ¥1,500 million. As of the filing date, 55,000 shares had been acquired. - FY2022AdvancedAnnual report
「Treasury shares acquired during the fiscal year 177,100 428,960 Total number and aggregate value of shares remaining under the resolution 21,200 101,506 Percentage unexercised as of the end of the fiscal year (%) 4.2 8.1」
Regarding the treasury share acquisition resolved on 27 October 2020, the company acquired 177,100 shares for ¥428,960 thousand during the fiscal year, leaving 21,200 shares under the acquisition limit. - FY2022-Q2AdvancedAnnual report
「Net assets were ¥31,697 million, a decrease of ¥233 million from the end of the previous consolidated fiscal year. This was mainly because, while retained earnings increased by ¥133 million, ¥428 million was spent on the acquisition of treasury shares.」
Regarding the acquisition of treasury shares, the company disclosed that ¥428 million was spent during the cumulative second-quarter period, providing specific details of implementation. - FY2022-Q1AdvancedAnnual report
「Net assets were ¥31,504 million, a decrease of ¥426 million from the end of the previous consolidated fiscal year. This was mainly because retained earnings decreased by ¥251 million and treasury shares decreased by ¥170 million as a result of the acquisition of treasury shares.」
The company disclosed a ¥170 million decrease in net assets attributable to the acquisition of treasury shares, confirming progress in implementing the treasury share acquisition resolved in the previous fiscal year. - FY2021AdvancedAnnual report
「Treasury shares acquired during the fiscal year 301,700 719,533 Total number and aggregate value of shares remaining under the resolution 198,300 530,466 Percentage unexercised as of the end of the fiscal year (%) 39.7 42.4」
Regarding the treasury share acquisition resolved on 27 October 2020, the company acquired 301,700 shares for ¥719,533 thousand during the fiscal year, disclosing progress in implementing the acquisition plan. - FY2021-Q3AdvancedAnnual report
「Net assets were ¥31,499 million, an increase of ¥406 million from the end of the previous consolidated fiscal year. Retained earnings increased by ¥467 million and the valuation difference on other securities increased by ¥480 million, while treasury shares decreased by ¥540 million as a result of the acquisition of treasury shares.」
Regarding the treasury share acquisition resolved in the previous quarter, the company acquired treasury shares during the cumulative third quarter period, and ¥540 million is identified as a factor reducing net assets. - FY2021-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 October 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 Act. 1. Reason To expand shareholder returns and improve capital efficiency, while enabling the company to pursue a flexible capital policy and financial strategy in response to future changes in the business environment. 2. Class of shares to be acquired: The company’s common shares 3. Number of shares to be acquired: 500,000 shares (maximum) 4. Total acquisition cost: ¥1,250,000 thousand (maximum) 5. Acquisition period: 28 October 2020 to 25 September 2021 6. Acquisition method: Market purchases on the Tokyo Stock Exchange」
The company resolved a new treasury share acquisition plan with a maximum of 500,000 shares and total acquisition cost of ¥1,250 million, to be implemented through market purchases from 28 October 2020 to 25 September 2021. - FY2020AdvancedAnnual report
「Treasury shares acquired during the fiscal year 500,000 1,016,609 Total number and aggregate value of shares remaining under the resolution — 233,391 Percentage unexercised as of the end of the fiscal year (%) — 18.7」
Regarding the treasury share acquisition resolved on 20 May 2019, the company acquired 500,000 shares for ¥1,016,609 thousand. The acquisition limit was completed on a share-count basis, while the percentage unexercised on an amount basis was 18.7%. - FY2020-Q2AdvancedAnnual report
「Cash used in financing activities was ¥1,329 million, compared with ¥332 million used in the same quarter of the previous year. This was mainly attributable to ¥887 million spent on the acquisition of treasury shares and ¥442 million in dividend payments.」
The company recorded ¥887 million in expenditure for the acquisition of treasury shares, providing a specific monetary indication that the share repurchase initiative was implemented. - FY2020-Q1AdvancedAnnual report
「Net assets were ¥30,440 million, a decrease of ¥685 million from the end of the previous consolidated fiscal year. This was mainly attributable to the acquisition of treasury shares.」
No new treasury share acquisition based on a Board of Directors’ resolution was confirmed in the previous fiscal year, but in the current quarter the acquisition of treasury shares was identified as the main factor behind the decrease in net assets, indicating implementation of the initiative. - FY2018DroppedAnnual report
「② Status of acquisitions based on a resolution of the Board of Directors There are no applicable matters. ③ Details of acquisitions not based on a resolution of the General Meeting of Shareholders or the Board of Directors Treasury shares acquired during the fiscal year 87 153」
No new acquisitions based on the previous period’s treasury share acquisition resolution were disclosed. During the fiscal year, only 87 shares were acquired through purchases of less-than-one-unit shares. No new implementation of the flexible share repurchase initiative could be confirmed. - FY2017RestatedAnnual report
「Treasury shares acquired during the fiscal year 170,300 249,918 Total number and aggregate value of shares remaining under the resolution 29,700 81 Percentage unexercised as of the end of the fiscal year (%) 14.9 0.0」
The annual disclosure confirms that 170,300 treasury shares were acquired during the fiscal year and that 29,700 shares remained under the acquisition limit. No further acquisition progress was disclosed from the time of the third-quarter report. - FY2017-Q3AdvancedAnnual report
「Based on the Board of Directors’ resolution of 26 October 2016, the company acquired 170,300 shares during the third quarter accounting period. The number stood at 341,631 shares as of the end of the third quarter accounting period.」
Following the resolution to acquire treasury shares, the company actually acquired 170,300 shares during the quarter. As the acquisition limit had not been reached and the plan had not been completed, this was classified as ADVANCED, reflecting progress to the implementation stage. - FY2017-Q2First statedAnnual report
「① Reasons for acquiring treasury shares To enable the company to pursue a flexible capital policy and financial strategy in response to changes in the business environment. ② Details of the acquisition (2) Total number of shares to be acquired: 200,000 shares (maximum) (equivalent to 1.78% of the total number of issued shares, excluding treasury shares) (3) Total acquisition cost: ¥250,000,000 (maximum) (4) Acquisition period: 27 October 2016 to 26 March 2017 (5) Acquisition method: Market purchases on the Tokyo Stock Exchange」
The Board of Directors resolved to acquire treasury shares on 26 October 2016. The company disclosed specific implementation details, including the acquisition limit, maximum amount, acquisition period, and market purchases.