Ensuring flexibility in capital policy through a ¥1.2 billion reduction in capital reserve
First written in FY2023-Q1. 4 of 8 entries say "Advanced", first in 2026-05-28. Latest entry: 2026-08-10.
21 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Of the ¥1,339,972,579 in stated capital, ¥913,212,790 will be reduced, leaving stated capital of ¥426,759,789. The resulting increase of ¥913,212,790 in other capital surplus will be transferred to retained earnings brought forward and applied to offset the deficit.」
Following the transfer of ¥1,200 million from capital reserves, the board resolved to reduce stated capital by ¥913,212,790 and apply it to offset the deficit, with 11 August 2026 set as the effective date. - FY2023-Q3RestatedAnnual report
「Pursuant to a resolution of the annual general meeting of shareholders held on 28 June 2022, the company reduced its capital reserves by ¥1,200 million under Article 448, Paragraph 1 of the Companies Act, effective 1 August 2022, and transferred the same amount to other capital surplus.」
The company reconfirms that the ¥1,200 million reduction in capital reserves and transfer to other capital surplus took place on 1 August 2022. - FY2023-Q2RestatedAnnual report
「Pursuant to a resolution of the annual general meeting of shareholders held on 28 June 2022, the company reduced its capital reserves by ¥1,200 million under Article 448, Paragraph 1 of the Companies Act, effective 1 August 2022, and transferred the same amount to other capital surplus.」
The company reconfirms that the ¥1,200 million reduction in capital reserves and transfer to other capital surplus took place on 1 August 2022. - FY2023-Q1AchievedAnnual report
「The reduction in capital reserves is intended to ensure flexibility and agility in future capital policy. Specifically, pursuant to Article 448, Paragraph 1 of the Companies Act, the company will reduce its capital reserves and transfer the entire amount of the reduction to other capital surplus.」
The shareholders approved the reduction of ¥1,200 million in capital reserves and its transfer to other capital surplus, which took effect on 1 August 2022. The purpose is to ensure flexibility and agility in capital policy.