Flexible Share Repurchases
First written in FY2019. 2 of 4 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2020.
- FY2020AchievedAnnual report
「Acquisition of treasury shares pursuant to the 10 June 2019 resolution of the Board of Directors 400,000 shares」
Acquired all 400,000 shares, the maximum planned amount, during the fiscal year, at an acquisition cost of ¥372.686 million. Treasury shares held at the end of the period totaled 803,164 shares. - FY2020-Q3AdvancedAnnual report
「This was mainly due to a ¥883 million decrease from dividend payments, a ¥313 million increase in treasury shares, and the recognition of ¥1,465 million in quarterly net income attributable to owners of the parent, among other factors.」
The ¥313 million increase in treasury shares was cited as a factor in changes in net assets, indicating progress in executing the treasury share acquisition. - FY2020-Q2AdvancedAnnual report
「Net cash used in financing activities increased by ¥295 million from the same period of the previous year, resulting in net cash used of ¥1,401 million. The main uses of cash were ¥883 million in dividend payments, ¥242 million for the acquisition of treasury shares and ¥237 million for repayment of lease liabilities.」
Recorded ¥242 million in cash used for the acquisition of treasury shares, indicating progress in executing the share acquisition. As of 30 September 2019, treasury shares totaled 657,200 shares. - FY2019First statedAnnual report
「Maximum number of shares that may be acquired 400,000 shares (maximum)」
Following a June 2019 resolution of the Board of Directors, planned to acquire shares in the market by 31 March 2020, up to a maximum of 400,000 shares and ¥500 million, for a flexible capital policy in response to changes in the business environment.