Optimisation of the capital structure through a reduction in stated capital
First written in FY2021. 1 of 2 entries say "Achieved", first in FY2022-Q2. Latest entry: FY2022-Q2.
43 other companies' latest entry also says "Achieved".
- FY2022-Q2AchievedAnnual report
「Pursuant to a resolution of the 19th Annual General Meeting of Shareholders held on 30 March 2022, the Company reduced its stated capital by ¥341.227 million pursuant to Article 447, Paragraph 1 of the Companies Act and transferred the same amount to other capital surplus.」
The planned reduction of ¥341.227 million in stated capital was carried out on 10 May 2022, reducing stated capital from ¥391.227 million to ¥50 million. - FY2021First statedAnnual report
「As part of its management strategy, the Company will reduce its stated capital pursuant to Article 447, Paragraph 1 of the Companies Act and transfer the amount to other capital surplus, with the aim of ensuring flexibility and agility in its capital policy, optimising its capital structure and strengthening its financial position.」
Disclosed a reduction of ¥341.227 million in stated capital approved at the General Meeting of Shareholders held on 30 March 2022, with a plan to transfer stated capital from ¥391.227 million to ¥50 million. The effective date is scheduled for 10 May 2022.