Securing Flexibility and Agility in Capital Policy Through a Reduction in Stated Capital
First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2024-Q3.
118 other companies' latest entry also says "Achieved".
- FY2024-Q3AchievedAnnual report
「Pursuant to Article 447, Paragraph 1 of the Companies Act, stated capital was reduced and transferred to other capital surplus in order to secure flexibility and agility in future capital policy (reduction ratio: 47.8%).」
On 25 December 2023, the company implemented its plan to reduce stated capital by ¥91.445 million, from ¥191.445 million to ¥100.000 million, and transfer the amount to other capital surplus. - FY2024-Q2RestatedAnnual report
「By reducing stated capital to ¥100.000 million as of 25 December 2023 and transitioning to a small corporation for tax purposes, the company will no longer be subject, among other things, to the external standard taxation component of enterprise tax.」
The company has reconfirmed its policy of reducing stated capital to ¥100.000 million as of 25 December 2023 and transitioning to a small corporation for tax purposes. - FY2024-Q1RestatedAnnual report
「By reducing stated capital to ¥100.000 million as of 25 December 2023 and transitioning to a small corporation for tax purposes, the company will no longer be subject, among other things, to the external standard taxation component of enterprise tax.」
The company has reconfirmed its plan to reduce stated capital to ¥100.000 million as of 25 December 2023, and accounting treatment is being applied on the assumption of a transition to a small corporation for tax purposes. - FY2023First statedAnnual report
「The stated capital will be reduced from ¥191.445 million by ¥91.445 million to ¥100.000 million. The entire reduction in stated capital will be transferred to the capital reserve. Effective date of the reduction in stated capital: 25 December 2023 (scheduled).」
The company plans to reduce stated capital from ¥191.445 million to ¥100.000 million through a reduction without compensation and transfer the amount to the capital reserve, in order to secure flexibility and agility in future capital policy.