Covering Accumulated Deficit through Capital Reduction and Appropriation of Surplus
First written in FY2025. 1 of 2 entries say "Achieved", first in FY2026-H1. Latest entry: FY2026-H1.
127 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「Pursuant to a resolution of the 45th Annual General Meeting of Shareholders held on 26 June 2025, the company reduced stated capital by ¥2,106.594 million and capital reserves by ¥1,056.594 million, effective 2 August 2025, and transferred the amounts to other capital surplus. It also transferred ¥2,943.927 million of other capital surplus to retained earnings brought forward to cover the deficit.」
The company states that it covered the deficit on 2 August 2025 through the reduction of stated capital and the appropriation of retained earnings outlined in the previous fiscal year. - FY2025First statedAnnual report
「The reduction in the amounts of stated capital and the capital surplus, together with the appropriation of retained earnings, is being carried out to cover the deficit in retained earnings brought forward, strengthen the company's financial position, and secure flexibility and agility in its future capital policy.」
The company states that, based on the resolution of the general meeting of shareholders held on 26 June 2025, it plans to reduce stated capital and capital reserves, transfer the amounts to other capital surplus, and cover the deficit in retained earnings brought forward.