Greater Flexibility in Capital Policy Through Reductions in Stated Capital and Capital Reserves

「当社は、2021年3月24日開催の第49期定時株主総会において、資本金及び資本準備金の額の減少を決議しました。この結果、当第1四半期連結累計期間において資本金が2,504百万円、資本準備金が743百万円減少し、当第1四半期連結会計期間末において資本金が2,504百万円、資本準備金が559百万円となっております。」

「At a Board of Directors meeting held on 19 February 2021, the Company resolved to submit proposals to the 49th Annual General Meeting of Shareholders scheduled for 24 March 2021 concerning reductions in stated capital and capital reserves and the appropriation of surplus. The proposals were approved at the meeting. The purpose was to secure flexibility and agility in capital policy, promote efficient management, strengthen the financial position and enable stable shareholder returns, including future dividends and share repurchases.」