Ensuring Flexibility in Capital Policy Through a Reduction in Capital Reserves
First written in FY2018. 2 of 3 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2024.
122 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「At the 41st annual general meeting of shareholders held on 20 June 2024, approval was received for the resolution concerning reductions in stated capital and capital reserves, and stated capital and capital reserves each decreased by ¥1,000 million effective 20 June 2024.」
Reductions of ¥1,000 million in stated capital and ¥1,000 million in capital reserves, aimed at securing flexibility and agility in capital policy, were approved and took effect on 20 June 2024. - FY2019-Q1AchievedAnnual report
「At the 35th annual general meeting of shareholders held on 27 June 2018, the proposal to reduce capital reserves was approved, and the reduction took effect on 3 August 2018.」
The capital policy to reduce the entire ¥1,393,962,000 in capital reserves and transfer it to other capital surplus took effect on 3 August 2018. - FY2018First statedAnnual report
「To secure flexibility and agility in future capital policy, the company will reduce the entire amount of capital reserves and transfer it to other capital surplus pursuant to Article 448, Paragraph 1 of the Companies Act.」
The company presented a plan to reduce the entire ¥1,393,962,000 in capital reserves and transfer it to other capital surplus. The effective date was scheduled for 3 August 2018.