Reducing the burden of the pro forma standard taxation through a capital reduction without consideration and limiting cash outflows
First written in FY2017. 5 of 8 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2026.
118 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「Based on the resolution of the Extraordinary General Meeting of Shareholders held on 13 February 2026, the company transferred ¥1,161,435,000 to other capital surplus as of 27 March 2026.」
The capital reduction without compensation was implemented on 27 March 2026, reducing capital by ¥1,161,435,000 and transferring the amount to other capital surplus. Capital after the reduction was ¥50,000,000. - FY2025AchievedAnnual report
「Based on the resolution of the Extraordinary General Meeting of Shareholders held on 14 February 2025, the company transferred ¥597,141,000 to other capital surplus as of 28 March 2025.」
The capital reduction without compensation was implemented on 28 March 2025, reducing capital by ¥597,141,000 and transferring the amount to other capital surplus. Capital after the reduction was ¥50,000,000. - FY2024AchievedAnnual report
「Based on the resolution of the Extraordinary General Meeting of Shareholders held on 14 February 2024, the company transferred ¥1,133,814,330 to other capital surplus as of 26 March 2024.」
The capital reduction without compensation was implemented on 26 March 2024, reducing capital by ¥1,133,814,330 and transferring the amount to other capital surplus. Capital after the reduction was ¥50,000,000. - FY2024-Q3AdvancedAnnual report
「The company will reduce its capital by ¥1,133,814,330 and transfer the amount to other capital surplus, leaving capital of ¥50,000,000 after the reduction.」
To secure flexibility and agility in its capital policy, the company resolved on a capital reduction without compensation, reducing capital by ¥1,133,814,330 to ¥50,000,000, subject to approval at the Extraordinary General Meeting of Shareholders scheduled for 14 February 2024. - FY2021-Q2AchievedAnnual report
「Based on the resolution of the Annual General Meeting of Shareholders held on 24 June 2020, the company reduced its capital by ¥1,370,486 thousand and transferred the same amount to other capital surplus as of 31 August 2020.」
The capital reduction without compensation approved in May 2020 was implemented, reducing capital by ¥1,370,486 thousand and transferring the amount to other capital surplus. - FY2020AdvancedAnnual report
「The reduction in the amount of capital will enable the company to benefit from tax advantages, including a lower enterprise-size tax burden from the current fiscal year onward, and to curb cash outflows from the company. Of the ¥1,420,486 thousand in capital as of 31 March 2020, ¥1,370,486 thousand」
With the approval of the Board of Directors' resolution on 22 May 2020 and the shareholders' meeting on 24 June 2020, a capital reduction without compensation was approved to reduce capital by ¥1,370,486 thousand and transfer the amount to other capital surplus. The effective date was scheduled for 31 August 2020. - FY2018-Q2AchievedAnnual report
「Based on the resolution of the 16th Annual General Meeting of Shareholders held on 20 June 2017, the company reduced its capital by ¥9,085,118 thousand and transferred the amount to other capital surplus as of 31 August 2017.」
The planned capital reduction without compensation was implemented, with ¥9,085,118 thousand of capital reduced and transferred to other capital surplus. - FY2017First statedAnnual report
「The reduction in the amount of capital will enable the company to benefit from tax advantages, including a lower enterprise-size tax burden from the current fiscal year onward, and to curb cash outflows from the company.」
Following the resolution of the Board of Directors on 24 May 2017 and shareholder approval on 20 June 2017, the company planned a capital reduction without compensation, transferring ¥9,085,118 thousand of capital to other capital surplus. The stated objectives were to reduce the tax burden and curb cash outflows.