CHANGE Holdings (3962) · InitiativeAchieved
Flexible Capital Policy through Reductions in Stated Capital and Capital Reserves
First written in FY2021-Q3. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2021.
2entries
1years
0from disclosures
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Same theme, other companies
Transfer to Other Capital Surplus Through Capital Reduction and Capital Structure ReorganizationA theme 203 companies write about · 0 as a headwind · 186 as a tailwind
118 other companies' latest entry also says "Achieved".
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Showing 14 of the 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 206 threads.Full recordFilings, disclosures and news, newest first
- FY2021AchievedAnnual report
「On 31 August 2021, the company reduced stated capital by ¥9,660 million and capital reserves by ¥9,617 million and transferred each amount to other capital surplus.」
The planned reduction of stated capital and capital reserves and transfer to other capital surplus for FY2021-Q3 was carried out on 31 August 2021. - FY2021-Q3First statedAnnual report
「To pursue flexible capital policies going forward and secure flexibility in its financial strategy, the company will reduce the amounts of stated capital and capital reserves and transfer the reductions to other capital surplus, pursuant to Articles 447(1) and 448(1) of the Companies Act.」
The company plans to submit to the extraordinary general meeting of shareholders scheduled for 26 August 2021 proposals to reduce stated capital by ¥9,660,915,390 from ¥10,660,915,390 and capital reserves by ¥9,617,742,810 from ¥10,617,742,810, reducing each to ¥1 billion. The effective date is scheduled for 31 August 2021.