Ensuring Flexibility in Capital Policy Through a Reduction in Capital Reserves
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2022-Q2.
118 other companies' latest entry also says "Achieved".
- FY2022-Q2AchievedAnnual report
「14 September 2021 (Note) - 23,414,000 - 4,514,185 △2,642,402 500,000 (Note) Pursuant to Article 448, paragraph 1 of the Companies Act, the capital reserve was reduced and transferred to other capital surplus.」
On 14 September 2021, the Company reduced its capital reserve by ¥2,642.402 million and transferred the reduction to other capital surplus, leaving a balance of ¥500 million, to ensure flexibility and agility in capital policy. - FY2022-Q1AdvancedAnnual report
「At the 21st Annual General Meeting of Shareholders held on 29 July 2021, the proposal concerning the reduction of the capital reserve was approved and adopted. As a result, on the effective date of the reduction, scheduled for 14 September 2021, the capital reserve will decrease by ¥2,642.402 million, leaving a capital reserve balance of ¥500 million.」
The reduction of the capital reserve to ensure flexibility and agility in capital policy was approved at the General Meeting of Shareholders, and the transaction moved to the implementation stage ahead of its effective date of 14 September 2021. - FY2021First statedAnnual report
「To ensure flexibility and agility in future capital policy, the Company will reduce the amount of its capital reserve and transfer the reduction to other capital surplus pursuant to Article 448, paragraph 1 of the Companies Act.」
In June 2021, the Company resolved to reduce its capital reserve of ¥3,142.402 million by ¥2,642.402 million and transfer the reduction to other capital surplus, with 6 September 2021 set as the effective date.