Ensuring Flexibility and Agility in Capital Policy through a Reduction in Capital Reserves
First written in FY2018-Q1. 1 of 3 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2019.
7 other companies' latest entry also says "Cited as achieved".
- FY2019Cited as achievedAnnual report
「At the 79th annual general meeting of shareholders held on 29 June 2017, a proposal concerning a reduction in capital reserve was approved. As a result, capital reserve decreased by ¥5,780 million and other capital surplus increased by ¥5,780 million.」
The reduction of capital reserves and transfer to other capital surplus, carried out to ensure flexibility and agility in capital policy, is being restated in the stock information as a historical result. - FY2018-Q2AchievedAnnual report
「As a result, capital reserve decreased by ¥5,780 million and other capital surplus increased by ¥5,780 million. Consequently, the balance of capital reserve was ¥737 million, while the balance of other capital surplus was ¥5,780 million.」
A ¥5,780 million reduction in capital reserve and transfer to other capital surplus, aimed at ensuring flexibility and agility in capital policy, was carried out on 1 August 2017. - FY2018-Q1First statedAnnual report
「To ensure flexibility and agility in future capital policy, we will reduce part of the capital reserve and transfer the same amount to other capital surplus pursuant to Article 448, Paragraph 1 of the Companies Act.」
Based on a resolution at the 29 June 2017 general meeting of shareholders, the company transferred ¥5,780.2 million from capital reserves to other capital surplus, with the change scheduled to take effect on 1 August 2017.