Notice Regarding the 34th Annual General Meeting of Shareholders and Matters to Be Submitted to the Meeting (Reduction in the Amounts of Stated Capital and Capital Reserve, Appropriation of Surplus, Election of Directors, Election of Audit & Supervisory Board Members, Appointment of Accounting Auditor, and Other Matters)

The Company will submit a proposal to the Annual General Meeting of Shareholders to reduce stated capital by ¥7,921,907,669 and capital reserve by ¥2,565,918,776, and apply the total of ¥10,487,826,445 to offset the deficit in retained earnings carried forward. Proposals will also be submitted for the election of directors, Audit & Supervisory Board members, substitute Audit & Supervisory Board members, and an accounting auditor. The total number of shares issued and outstanding and net assets will remain unchanged.

Worth reading

26Immaterial

Scored from 4 of 5 sections

Direction

Neutral

Direction inferred from the company’s description.

Scale

10487826445

Wording

Conditional

How definitive the wording is.

Details of issuance or disposal

発行済株式総数

No change

0% (no change in the total number of issued shares)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Details of issuance or disposal
Item	Details
Dilution Rate	0% (no change in the total number of issued shares)
Total number of issued shares	No change

Items this document does not state (26)

Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To offset the deficit in retained earnings carried forward and secure flexibility and agility in the Company’s future financial strategy.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.