Ensuring Flexibility and Agility in Capital Policy Through a Capital Reduction
First written in FY2022. 1 of 3 entries say "Achieved", first in FY2023-Q1. Latest entry: 2026-05-14.
21 other companies' latest entry also says "Advanced".
- 2026-05-14AdvancedGovernance
「To enable a more flexible capital and dividend policy, we will establish Article 38 of the Articles of Incorporation, titled Determining Body for Dividends of Surplus, as set out in the proposed amendments, so that the payment of dividends of surplus and other matters may be decided by resolution of the Board of Directors pursuant to Article 459, Paragraph 1 of the Companies Act.」
The proposed amendment to allow the Board of Directors to decide on dividends of surplus and other matters took concrete form as a measure to secure flexibility and agility in capital policy. The effective date is scheduled for 29 June 2026. - FY2023-Q1AchievedAnnual report
「Pursuant to a resolution of the 40th Annual General Meeting of Shareholders held on 24 June 2022, the capital reduction became effective on 24 June 2022, reducing stated capital by ¥3,413,525 thousand and transferring the entire amount to other capital surplus.」
The capital reduction resolved at the end of the previous fiscal year became effective on 24 June 2022, and ¥3,413,525 thousand of stated capital was transferred to other capital surplus. - FY2022First statedAnnual report
「Of the stated capital of ¥3,513,525 thousand, ¥3,413,525 thousand will be reduced, leaving ¥100,000 thousand.」
With 24 June 2022, after the filing, as the effective date, the Company resolved to reduce stated capital by ¥3,413,525 thousand and transfer the amount to other capital surplus. The stated objectives were to secure flexibility and agility in capital policy and reduce the tax burden.