Deficit Compensation through Reduction of Capital Reserve
First written in FY2018-Q1. 2 of 5 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2020-Q2.
127 other companies' latest entry also says "Achieved".
- FY2020-Q2AchievedAnnual report
「As a result, during the cumulative consolidated second quarter, stated capital decreased by ¥296,317 to ¥301.000 million, capital reserves decreased in full by ¥134.426 million, and retained earnings increased by ¥431.816 million.」
Based on a resolution at the general meeting of shareholders held on 26 June 2019, stated capital and capital reserves were reduced and accumulated losses were covered as of 1 August 2019. Capital reserves decreased in full by ¥134.426 million, and retained earnings increased by ¥431.816 million. - FY2018Cited as achievedAnnual report
「As a result, during the consolidated fiscal year, capital reserves decreased by ¥506.111 million and retained earnings increased by the same amount.」
The disclosure again describes the reduction of capital reserves to cover accumulated losses and the transfer to retained earnings as a change in shareholders' equity for the full fiscal year. - FY2018-Q3Cited as achievedAnnual report
「As a result, during the cumulative consolidated third quarter, capital reserves decreased by ¥506.111 million and retained earnings increased by the same amount.」
The disclosure again describes the reduction of capital reserves to cover accumulated losses and the transfer to retained earnings as a material change in shareholders' equity. - FY2018-Q2AchievedAnnual report
「As a result, during the cumulative consolidated second quarter, capital reserves decreased by ¥506.111 million and retained earnings increased by the same amount.」
The disclosure states that the reduction of capital reserves and transfer to retained earnings to cover accumulated losses were carried out during the cumulative consolidated second quarter. - FY2018-Q1First statedAnnual report
「At the 42nd Annual General Meeting of Shareholders held on 28 June 2017, the Company obtained approval for a reduction in capital reserves and the appropriation of retained earnings for the purpose of covering accumulated losses. As a result, capital reserves decreased by ¥506.111 million and retained earnings increased by the same amount.」
The disclosure states that, based on shareholder approval, capital reserves of ¥506.111 million were reduced to cover accumulated losses and the same amount was transferred to retained earnings.