Strengthening Financial Soundness and Enhancing Flexibility in Capital Policy Through a Reduction in Capital
First written in FY2023-Q1. 3 of 5 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026-H1.
6 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Pursuant to Article 447, Paragraph 1 of the Companies Act, the Company will reduce stated capital and transfer the reduction to other capital surplus, with the aim of improving financial soundness through the application of appropriate tax treatment and ensuring the flexibility and agility of its future capital policy. Of stated capital of ¥235.100 million, ¥135.100 million will be reduced, leaving ¥100 million.」
The Company resolved to reduce by ¥135.100 million the stated capital increased following the exercise of share acquisition rights, leaving stated capital of ¥100 million through a capital reduction without consideration, and is taking additional measures to ensure the flexibility and agility of its capital policy. - FY2025AdvancedAnnual report
「The Company reduced its stated capital on the same date as the issuance of these new shares. Of stated capital of ¥132.550 million, ¥32.550 million was reduced, leaving ¥100 million.」
To ensure the flexibility and agility of its capital policy after the increase in stated capital resulting from the issuance of new shares, the Company implemented a capital reduction without consideration of ¥32.550 million as of 1 April 2025, maintaining stated capital at ¥100 million. - FY2024-Q1AdvancedAnnual report
「The purpose is to establish a structure that fills the deficit in retained earnings and enables dividends to be resumed at an early date. Pursuant to Article 448, Paragraph 1 of the Companies Act, the Company will reduce the entire capital reserve and transfer it to other capital surplus. Other capital surplus of ¥474,750,000 will be transferred to retained earnings brought forward of ¥474,750,000 to cover the deficit.」
To establish a structure enabling dividends to be resumed at an early date, the Company transferred the entire capital reserve of ¥282,375,000 as of 31 July 2023 and transferred other capital surplus of ¥474,750,000 to retained earnings brought forward to cover the deficit. - FY2023-Q2RestatedAnnual report
「1 August 2022 ― 5,670,000 △192,375 100,000 ― 282,375」
Following the capital reduction dated 1 August 2022, stated capital was ¥100 million and capital surplus was ¥474.750 million, reflecting the transfer of ¥192.375 million of stated capital to other capital surplus. - FY2023-Q1First statedAnnual report
「The Company reduced its stated capital pursuant to Article 447, Paragraph 1 of the Companies Act, with the aim of improving financial soundness through the application of appropriate tax treatment and increasing the flexibility of its future capital policy. Of stated capital of ¥292,375,000, ¥192,375,000 was reduced, leaving ¥100,000,000. The reduction was a capital reduction without consideration and without repayment, with no change in the total number of issued shares. The reduction of ¥192,375,000 was transferred to other capital surplus. The reduction took effect on 1 August 2022.」
To apply appropriate tax treatment, improve financial soundness and increase capital policy flexibility, the Company implemented a capital reduction without consideration of ¥192,375,000 from stated capital of ¥292,375,000, leaving stated capital of ¥100,000,000.