Reduction of Capital and Capital Reserves and Offset of Deficit in Retained Earnings Brought Forward
First written in FY2017-Q1. 1 of 2 entries say "Achieved", first in FY2017-Q3. Latest entry: FY2017-Q3.
127 other companies' latest entry also says "Achieved".
- FY2017-Q3AchievedAnnual report
「On 24 June 2016, we transferred part of stated capital to capital surplus and part of capital surplus to retained earnings.」
Discloses the results of measures to change the capital structure and compensate for the deficit, including a ¥43,458 million reduction in stated capital and an ¥81,928 million reduction in capital surplus, with transfers to retained earnings. - FY2017-Q1First statedAnnual report
「At the 152nd annual general meeting of shareholders held in June 2016, resolutions were passed on the reduction of stated capital by ¥43.4 billion, capital reserves by ¥57.6 billion and legal reserves by ¥4.1 billion, and on compensating for the deficit in retained earnings using ¥81.9 billion, representing part of other capital surplus generated by the reduction of stated capital by ¥43.4 billion and capital reserves by ¥57.6 billion, together with ¥11.5 billion from the reserve for future losses. The respective amounts were transferred accordingly.」
Separately from capital strengthening, discloses capital structure measures involving reductions in stated capital, capital reserves and other items, with other capital surplus and other funds used to compensate for the deficit in retained earnings.