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Access (4813) · FactFirst stated

Prior-Year Dividends in Excess of Distributable Amounts

First written in FY2025. . Latest entry: FY2025.

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Voluntary Repayment of Dividends Paid in Excess of the Distributable AmountA theme 5 companies write about · 5 as a headwind · 0 as a tailwind

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  1. FY2025First statedAnnual report

    「It was discovered that the dividends totaling ¥117.875 million approved at the 35th Annual General Meeting of Shareholders held on 17 April 2019 and the dividends totaling ¥118.123 million approved at the 36th Annual General Meeting of Shareholders held on 22 April 2020 both exceeded the distributable amount calculated under the Companies Act and the Ordinance on Company Accounting in their entirety.」

    Due to the impact of the prior-period restatements, it was discovered that the dividends of ¥117.87 million approved in April 2019 and ¥118.12 million approved in April 2020 both exceeded the distributable amount. The Company stated that it would examine the facts, the responsibility of the parties involved, and measures to prevent recurrence.
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Prior-Year Dividends in Excess of Distributable Amounts | ACCESS CO.,LTD. (4813) | Komori