Eliminating the retained earnings deficit through reductions in reserves and appropriation of surplus
First written in FY2025. 1 of 2 entries say "Achieved", first in FY2026-H1. Latest entry: FY2026-H1.
127 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「At the annual general meeting of shareholders held on 21 May 2025, the company resolved to reduce the amounts of its capital reserve and legal reserve and dispose of retained earnings, with the resolution taking effect on 23 June 2025. Accordingly, ¥4,500,000 thousand was transferred from the capital reserve to other capital surplus, and ¥212,500 thousand was transferred from the legal reserve to retained earnings brought forward. Of the increased other capital surplus, ¥1,578,313 thousand was also transferred to retained earnings brought forward.」
The reduction of the capital reserve and legal reserve and the disposal of retained earnings took effect on 23 June 2025, implementing a capital policy to offset the deficit in retained earnings brought forward. - FY2025First statedAnnual report
「The company will reduce the amounts of its capital reserve and legal reserve and dispose of retained earnings to offset this deficit, improve the soundness of its financial position, and secure flexibility and agility in its capital policy, including future shareholder returns.」
The company indicated plans to reduce its capital reserve by ¥4.5 billion and its legal reserve by ¥212.5 million and transfer retained earnings to offset the ¥1.79 billion deficit in retained earnings brought forward at the end of February 2025. The effective date is scheduled for 23 June 2025.