Transfer of Capital Reserve to Other Capital Surplus Through a Reduction in Capital Reserves
First written in FY2023-Q1. 1 of 3 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024-Q2.
118 other companies' latest entry also says "Achieved".
- FY2024-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors dated 19 May 2023 and approval at the annual general meeting of shareholders held on 29 June 2023, the company reduced capital by ¥20,736 million and capital reserve by ¥11,746 million pursuant to Article 447, Paragraph 1 and Article 448, Paragraph 1 of the Companies Act, and transferred the entire amount to other capital surplus. As a result, at the end of the second quarter of the current consolidated fiscal year, both capital and capital reserve were ¥10,000 million.」
The reduction of capital and capital reserve and the transfer to other capital surplus have been completed. At the end of the second quarter, both capital and capital reserve were ¥10,000 million. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 19 May 2023, the company resolved to reduce the amounts of capital and capital reserve. The resolution was approved at the annual general meeting of shareholders held on 29 June 2023, and took effect on 4 August 2023.」
To ensure flexibility in its capital policy and maintain financial soundness, the company reduced capital by ¥20,736,776,599 and capital reserve by ¥11,746,887,768, and a resolution to transfer the full amount of ¥32,483,664,367 to other capital surplus was approved. The reduction took effect on 4 August 2023. - FY2023-Q1First statedAnnual report
「Pursuant to a resolution of the extraordinary general meeting of shareholders held on 24 May 2022 and in accordance with Article 448, Paragraph 1 of the Companies Act, the company reduced its capital reserve by ¥7,500 million and transferred the amount to other capital surplus during the first quarter of the current consolidated fiscal year. At the end of the first quarter of the current consolidated fiscal year, capital reserve was ¥1,559 million and other capital surplus was ¥7,166 million.」
The company newly disclosed a change in its capital structure under which, based on a resolution of the extraordinary general meeting of shareholders, ¥7,500 million of capital reserve was reduced and transferred to other capital surplus.