Reduction of capital and disposition of surplus to eliminate accumulated deficit
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2020-Q2. Latest entry: FY2020-Q2.
130 other companies' latest entry also says "Achieved".
- FY2020-Q2AchievedAnnual report
「Based on a resolution at the annual shareholders' meeting held on 27 June 2019, the company transferred ¥2,338.187 million of capital stock and ¥1,136.292 million of capital reserve to other capital surplus as of 31 August 2019, then transferred the resulting other capital surplus to retained earnings brought forward and applied it to eliminate the deficit.」
The reduction of capital and disposition of surplus to eliminate the accumulated deficit were implemented as of 31 August 2019, resulting in capital stock of ¥100 million and capital surplus of ¥959 million. - FY2019First statedAnnual report
「As of 31 March 2019, the company had recorded a deficit in retained earnings brought forward of ¥3,474.479 million. Accordingly, it will reduce the amounts of capital stock and capital reserve and dispose of surplus in order to eliminate this deficit and strengthen its financial position.」
The company decided to reduce capital stock by ¥2,338.187 million and capital reserve by ¥1,136.292 million, and transfer ¥3,474.479 million of other capital surplus to retained earnings brought forward. The plan was approved at the shareholders' meeting in June 2019, with the effective date scheduled for 31 August.