Komori
Share Issuance and Disposal3856Abalance CorporationElectrical Equipment and Precision Instruments

Notice Regarding Reductions in the Amounts of Stated Capital and Capital Reserves

The stated capital will be reduced by ¥2,021 million to ¥500 million, and the entire ¥1,865 million capital reserve will be reduced. The amounts reduced will be transferred to other capital surplus, which is expected to total ¥3,886 million.

Worth reading
24Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
2021
¥ million
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Procedures under the Corporate Code of Conduct
A resolution at a shareholders meeting is scheduled.
Impact on Business Performance
The impact on financial results will be minor.
Details of issuance or disposal
ItemDetails
Procedures under the Corporate Code of ConductA resolution at a shareholders meeting is scheduled.
Impact on Business PerformanceThe impact on financial results will be minor.
Items this document does not state (26)
Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The purpose is to ensure flexibility and agility in future capital policy, improve the financial position, secure distributable amounts, and expand the options available for shareholder returns and dividend policy.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Reductions in the Amounts of Stated Capital and Capital Reserves | Abalance Corporation (3856) timely disclosure | Komori