Reduction of Stated Capital and Capital Reserve and Transfer of Surplus to Cover the Accumulated Deficit
First written in FY2022. 4 of 6 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2026-H1.
127 other companies' latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「As a result of the reduction of capital surplus and the disposition of retained earnings on 1 July 2025, capital surplus decreased by ¥140.811 million and retained earnings increased by ¥140.811 million.」
The reduction of capital surplus and transfer to retained earnings were implemented on 1 July 2025, completing the capital policy relating to the elimination of accumulated deficits. - FY2025AdvancedAnnual report
「At a meeting of the Board of Directors held on 21 May 2025, the Company resolved to reduce the capital reserve and dispose of other capital surplus, including the elimination of the deficit in retained earnings brought forward, with 1 July 2025 as the effective date. The Company plans to reduce the capital reserve by ¥140.811 million and transfer other capital surplus to retained earnings brought forward to eliminate the deficit.」
Resolved to eliminate the deficit through a ¥140.811 million reduction in the capital reserve and a transfer from surplus, effective 1 July 2025. - FY2025-H1AchievedAnnual report
「As a result of the reduction of share capital and the capital reserve and the disposition of surplus on 2 August 2024, share capital decreased by ¥568.027 million, the capital reserve decreased by ¥195.722 million, and retained earnings brought forward increased by ¥763.749 million.」
States that reductions in share capital and the capital reserve and the disposition of surplus were implemented on 2 August 2024 to eliminate accumulated deficits. - FY2024-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 22 May 2023, the Company resolved to submit a proposal concerning reductions in share capital and the capital reserve and the disposition of surplus to the 16th Annual General Meeting of Shareholders held on 27 June 2023. The proposal was approved at that meeting and became effective on 1 August 2023. The purpose is to eliminate accumulated deficits and ensure flexibility and agility in future capital policies.」
A capital policy involving reductions of ¥558.029 million in share capital and ¥220.794 million in the capital reserve and a transfer of ¥778.824 million of other capital surplus to retained earnings brought forward was approved and became effective on 1 August 2023. - FY2023-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 26 May 2022, the Company resolved to submit a proposal concerning reductions in share capital and the capital reserve and the disposition of surplus to the 15th Annual General Meeting of Shareholders held on 29 June 2022. The proposal was approved at that meeting and became effective on 2 August 2022.」
Reductions in share capital and the capital reserve and the disposition of surplus, intended to eliminate accumulated deficits and ensure flexibility and agility in capital policy, were approved at the general meeting of shareholders and became effective on 2 August 2022. - FY2022First statedAnnual report
「The purpose is to eliminate accumulated deficits and ensure flexibility and agility in future capital policies. Subject to the effectiveness of the reductions in share capital and the capital reserve, other capital surplus will be transferred to retained earnings brought forward and applied to eliminate the deficit.」
The Company describes a plan, effective 2 August 2022, to reduce share capital by ¥728,653,376 and the capital reserve by ¥1,908,276,800, and transfer ¥2,636,930,176 of other capital surplus to retained earnings brought forward.