Covering and Eliminating the Deficit in Retained Earnings and Pursuing Flexible Capital Policy
First written in FY2017-Q1. 2 of 4 entries say "Restated". Latest entry: FY2017.
127 other companies' latest entry also says "Achieved".
- FY2017AchievedAnnual report
「Deficit coverage △1,818,745 △1,818,745 1,818,745」
A deficit coverage was carried out using ¥1,818.745 million of other capital surplus, resulting in positive retained earnings brought forward of ¥150.615 million at the end of the period. The elimination of the deficit in retained earnings was confirmed numerically. - FY2017-Q3RestatedAnnual report
「At a meeting of the Board of Directors held on 12 October 2016, we decided to transfer other capital surplus to other retained earnings in order to eliminate the deficit in retained earnings shown on the non-consolidated balance sheet at the end of the previous fiscal year and to achieve a nimble and flexible capital policy.」
The policy of covering the deficit in retained earnings through a transfer from other capital surplus to other retained earnings, and the policy of pursuing a flexible capital policy, were reaffirmed. - FY2017-Q2RestatedAnnual report
「At a meeting of the Board of Directors held on 12 October 2016, we decided to transfer other capital surplus to other retained earnings in order to eliminate the deficit in retained earnings shown on the non-consolidated balance sheet at the end of the previous fiscal year and to achieve a nimble and flexible capital policy.」
The policy of covering the deficit through a transfer from other capital surplus to other retained earnings, and the capital policy, were reaffirmed in the explanation of changes in shareholders' equity. - FY2017-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 12 October 2016, we decided to transfer other capital surplus to other retained earnings in order to eliminate the deficit in retained earnings shown on the non-consolidated balance sheet at the end of the previous fiscal year and to achieve a nimble and flexible capital policy. As a result, during the current first-quarter consolidated cumulative period, capital surplus decreased by ¥1,818 million and retained earnings increased by ¥1,818 million.」
A capital policy was implemented under which ¥1,818 million of other capital surplus was transferred to other retained earnings to eliminate the deficit in retained earnings.