Komori
Share Issuance and Disposal3358Trailhead Global Holdings,Inc.Retail

Notice Concerning the Reduction of Capital Reserve and Disposition of Surplus

The Company has decided to submit to the annual general meeting of shareholders a proposal to transfer the entire capital reserve of ¥1,084,511,029 to other capital surplus, of which ¥712,986,651 will be used to offset the deficit in retained earnings carried forward. The number of shares and net assets will remain unchanged.

Worth reading
26Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
1084511029
Yen (amount of capital reserve to be reduced)
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

発行済株式総数

No change

0% (no change in the total number of issued shares)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Procedures under the Corporate Code of Conduct
Subject to approval at the annual general meeting of shareholders and completion of creditor protection procedures
Impact on Business Performance
The transaction will have no impact on financial results.
Details of issuance or disposal
ItemDetails
Dilution Rate0% (no change in the total number of issued shares)
Total number of issued sharesNo change
Procedures under the Corporate Code of ConductSubject to approval at the annual general meeting of shareholders and completion of creditor protection procedures
Impact on Business PerformanceThe transaction will have no impact on financial results.
Items this document does not state (24)
Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The purpose is to strengthen the Company’s financial foundation, establish a framework for an early resumption of shareholder returns, offset the deficit in retained earnings carried forward, and secure flexibility in capital policy.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Reduction of Capital Reserve and Disposition of Surplus | Trailhead Global Holdings,Inc. (3358) timely disclosure | Komori