Strengthening the Financial Position and Capital Policy Through Capital Reductions, Capital-Reserve Reductions and Deficit Elimination
First written in FY2021-Q1. 4 of 7 entries say "Achieved", first in FY2021-Q1. Latest entry: 2026-10-05.
23 other companies' latest entry also says "Advanced".
- FY2025-H1AchievedAnnual report
「Based on a resolution of the annual general meeting of shareholders held on 28 October 2024, the reduction of capital without compensation became effective on 30 November 2024, reducing capital stock and the capital reserve by ¥57.689 million each, equivalent to a reduction rate of 84.4%.」
The reduction of capital without compensation was carried out on 30 November 2024, reducing capital stock and the capital reserve by ¥57.689 million each, at a reduction rate of 84.4%. The reduction of capital aimed at normalizing the capital structure and securing flexibility was completed through implementation. - FY2023RestatedAnnual report
「This was mainly due to a ¥105.099 million decrease in capital surplus resulting from the issuance of new shares, offsetting the deficit and recording net loss for the period, while retained earnings increased by ¥656.896 million, among other factors.」
Based on the normalization of the capital structure through capital reductions and deficit offsets carried out in prior years, the company disclosed changes in capital surplus and retained earnings for the period. - FY2023-Q1AchievedAnnual report
「(1) Item and amount of surplus to be reduced: Other capital surplus, ¥822,420,529 (2) Item and amount of surplus to be increased: Retained earnings brought forward, ¥822,420,529」
On 15 November 2022, ¥822,420,529 of other capital surplus generated by the reduction of capital stock and the capital reserve was transferred to retained earnings brought forward, and the deficit was offset. - FY2022-Q1AchievedAnnual report
「The change took effect on 30 November 2021. The purpose is to improve corporate value by eliminating the accumulated deficit in retained earnings, ensuring a sound financial position, securing the agility and flexibility of future capital policy, and enabling the Company to pursue flexible capital policies.」
The second reduction of capital and deficit offset became effective on 30 November 2021. Capital stock and the capital reserve were each reduced by ¥520.632 million, and ¥482.465 million of other capital surplus was transferred to retained earnings brought forward to offset the deficit. - FY2021-Q1AchievedAnnual report
「The purpose is to eliminate the deficit in retained earnings, ensure a sound financial position, secure flexibility and agility in future capital policy, enable flexible capital measures and thereby enhance corporate value.」
On 1 December 2020, the company reduced stated capital by ¥601.848 million and capital reserves by ¥858.123 million, and eliminated a retained-earnings deficit of ¥797.006 million through other capital surplus.