Enhancing Capital Policy Flexibility and Financial Soundness Through a ¥620.42 Million Capital Reduction
First written in FY2024-Q1. 1 of 3 entries say "Achieved", first in FY2024-Q2. Latest entry: FY2024-Q3.
2 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「Based on a resolution of the 80th Annual General Meeting of Shareholders held on 23 May 2023, the reduction in stated capital took effect on 30 June 2023. Stated capital was reduced by ¥620.420 million and transferred to capital surplus. As a result, at the end of the second quarter of the current fiscal year, stated capital was ¥100 million and capital surplus was ¥1,327.278 million.」
The ¥620.420 million reduction in stated capital took effect on 30 June 2023, resulting in stated capital of ¥100 million, and this fact continues to be disclosed in the notes to shareholders’ equity. - FY2024-Q2AchievedAnnual report
「Based on a resolution of the 80th Annual General Meeting of Shareholders held on 23 May 2023, the reduction in stated capital took effect on 30 June 2023. Stated capital was reduced by ¥620.420 million and transferred to other capital surplus. As a result, at the end of the second quarter of the current fiscal year, stated capital was ¥100 million and other capital surplus was ¥737.437 million.」
The ¥620.420 million reduction in stated capital decided in the previous quarter took effect on 30 June 2023, reducing stated capital from ¥720.420 million to ¥100 million. - FY2024-Q1First statedAnnual report
「As part of its financial strategy to implement its future growth strategy, the Company will reduce its stated capital under Article 447, Paragraph 1 of the Companies Act. The reduction is intended to enable an agile and flexible capital policy and strengthen financial soundness through the application of an appropriate tax regime. Of the stated capital of ¥720.420 million, ¥620.420 million will be reduced, leaving ¥100 million.」
As part of its financial strategy to implement its growth strategy, the Company decided to reduce its stated capital from ¥720.420 million by ¥620.420 million to ¥100 million, with the reduction taking effect on 30 June 2023. The reduction is intended to enable an agile and flexible capital policy and strengthen financial soundness.