Making Capital Policy More Flexible and Offsetting Deficits through a Reduction in Stated Capital and Disposition of Surplus
First written in FY2022. 1 of 3 entries say "Achieved", first in FY2023-Q2. Latest entry: FY2023.
8 other companies' latest entry also says "Cited as achieved".
- FY2023Cited as achievedAnnual report
「As a result of the reduction in capital and deficit elimination in December 2022, stated capital decreased by ¥451.458 million, while capital surplus increased by ¥182.815 million and retained earnings increased by ¥268.642 million.」
The reduction in capital and deficit elimination carried out in the previous fiscal year were restated in the full-year discussion of financial position, confirming their historical impact on capital items. - FY2023-Q2AchievedAnnual report
「Based on a resolution of the annual general meeting of shareholders held on 27 October 2022, the reduction in capital became effective on 16 December 2022. During the current second quarter consolidated cumulative period, stated capital decreased by ¥451.458 million and other capital surplus increased by ¥451.458 million. Of the increase in other capital surplus, ¥268.642 million was transferred to retained earnings brought forward to eliminate the deficit.」
The planned reduction in capital became effective on 16 December 2022. Of the ¥451.458 million reduction in stated capital transferred to other capital surplus, ¥268.642 million was transferred to retained earnings brought forward to eliminate the deficit. - FY2022First statedAnnual report
「To ensure flexibility and agility in its capital policy and reduce its tax burden, the company will reduce the amount of stated capital pursuant to Article 447, Paragraph 1 of the Companies Act.」
The company disclosed a plan to reduce stated capital by ¥451,458,430 from ¥531,458,430 to ¥80,000,000, and transfer ¥268,642,565 from other capital surplus to retained earnings brought forward to eliminate the deficit. The effective date was scheduled for 16 December 2022.