Agile Capital Policy Through a Reduction in Stated Capital
First written in FY2023. 1 of 2 entries say "Achieved", first in FY2024-Q1. Latest entry: FY2024-Q1.
38 other companies' latest entry also says "Achieved".
- FY2024-Q1AchievedAnnual report
「Pursuant to a resolution adopted at the 20th Annual General Meeting of Shareholders held on 22 June 2023, and for the purpose of implementing a more agile and flexible capital policy going forward, the reduction in capital became effective on 22 June 2023 under Article 447, Paragraph 1 of the Companies Act. Stated capital was reduced by ¥51.481 million, and the entire amount was transferred to other capital surplus.」
A capital reduction was carried out to enable a more agile and flexible capital policy, reducing stated capital from ¥151.481 million to ¥100 million. - FY2023First statedAnnual report
「To enable the implementation of a flexible capital policy going forward, the Company will reduce stated capital by ¥51.481 million from ¥151.481 million, resulting in stated capital of ¥100.000 million after the reduction.」
To enhance the flexibility and agility of its capital policy, the company reduced its stated capital by ¥51.481 million to ¥100 million on 22 June 2023.