Making Capital Policy More Flexible Through a Reduction in the Amount of Stated Capital, etc.
First written in FY2021-Q3. 3 of 9 entries say "Advanced", first in FY2023-Q3. Latest entry: 2026-07-31.
0 other companies' latest entry also says "Softened".
- FY2024AdvancedAnnual report
「As of 29 March 2024, pursuant to Article 447, paragraph 1 and Article 448, paragraph 1 of the Companies Act, the Company reduced stated capital and capital reserve by ¥246.253 million and ¥247.553 million, respectively, and transferred the amounts to other capital surplus.」
As of 29 March 2024, the Company implemented a reduction of capital without compensation or repayment, reducing stated capital and capital reserve and transferring the amounts to other capital surplus. - FY2023AchievedAnnual report
「As of 29 March 2023, pursuant to Article 447, paragraph 1 and Article 448, paragraph 1 of the Companies Act, the Company reduced stated capital and capital reserve by ¥438.394 million each and transferred the amounts to other capital surplus.」
The reduction of capital without compensation or repayment, involving a reduction of stated capital and capital reserve and their transfer to other capital surplus, was implemented as of 29 March 2023. - FY2023-Q3AdvancedAnnual report
「Stated capital of ¥488,394,000 will be reduced by ¥438,394,000 to ¥50,000,000. Capital reserve of ¥438,394,000 will be reduced by ¥438,394,000 to zero. The reduction will be a reduction of capital without compensation or repayment, with no change to the total number of issued shares. The entire amount of the reduction in stated capital and other capital amounts will be transferred to other capital surplus.」
On 13 February 2023, the Company resolved to conduct a reduction of capital without compensation or repayment to secure flexibility and agility in its capital policy. Stated capital of ¥438,394,000 and capital reserve of ¥438,394,000 will be reduced, with 29 March 2023 scheduled as the effective date. - FY2021AchievedAnnual report
「As of 29 March 2021, pursuant to Article 447, paragraph 1 and Article 448, paragraph 1 of the Companies Act, the Company reduced stated capital and capital reserve by ¥1,715.543 million and ¥1,745.543 million, respectively, and transferred the amounts to other capital surplus.」
The capital policy of reducing stated capital and capital reserve and transferring the amounts to other capital surplus was implemented. - FY2021-Q3First statedAnnual report
「The purpose is to secure flexibility and agility in the Company's future capital policy. Of the ¥1,765 million in stated capital, ¥1,715 million will be reduced to ¥50 million, and all ¥1,745 million of capital reserve will be reduced to zero. The entire amount of the reduction in stated capital and other capital amounts will be transferred to other capital surplus.」
The Company resolved to reduce stated capital and capital reserve and transfer the amounts to other capital surplus in order to secure flexibility and agility in its capital policy. The effective date was scheduled for 29 March 2021.