Advanced Media (3773) · InitiativeAchieved

Improving the Financial Position and Accelerating Shareholder Returns Through a Reduction in Capital Reserve and Coverage of Deficits

First written in FY2022. 1 of 1 entries say "Achieved", first in FY2022. Latest entry: FY2022.

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Capital Policy and Dividend Preparation through Capital Reduction and Deficit EliminationA theme 287 companies write about · 1 as a headwind · 286 as a tailwind

127 other companies' latest entry also says "Achieved".

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FY2022AchievedAnnual report
「The purpose is to offset the deficit in retained earnings, improve the company's financial position, achieve early shareholder returns, prepare for flexible capital policies going forward, secure flexibility in its financial strategy and enhance corporate value. "The capital reserve was reduced by ¥346,720,551, with an equal increase in other capital surplus."」
The reduction of the ¥346,720,551 capital reserve and the elimination of accumulated deficits were approved at the annual general meeting of shareholders held on 28 June 2022, and took effect on the same day.

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