Covering the accumulated deficit by reducing stated capital and the capital reserve
First written in FY2025. 1 of 2 entries say "Achieved", first in FY2026-H1. Latest entry: FY2026-H1.
127 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「The reduction in capital became effective on 1 July 2025 pursuant to a resolution of the annual general meeting of shareholders held on 28 May 2025. As a result, stated capital and capital reserves decreased by ¥1,164.857 million and ¥1,585.233 million, respectively, and the full amount of these reductions was transferred to other capital surplus. Conditional on the reduction in capital becoming effective, ¥2,223.569 million in other capital surplus was transferred to retained earnings and used to offset accumulated losses.」
On 1 July 2025, the company executed the reduction in capital and transfer to capital surplus, offsetting accumulated losses in retained earnings of ¥2,223.569 million. - FY2025First statedAnnual report
「As of 28 February 2025, we had accumulated losses in retained earnings of ¥2,223,569,974. Accordingly, we will reduce the amounts of stated capital and capital reserves and dispose of surplus in order to offset these losses and improve our financial position. The effective date of the reductions in stated capital and capital reserves is scheduled for 1 July 2025.」
The company resolved on a capital policy to transfer stated capital and capital reserves to other capital surplus and offset accumulated losses of ¥2,223,569,974.