Improving financial soundness and optimizing the capital structure through capital reduction and deficit compensation
First written in FY2024. 2 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2025-H1.
127 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「26 March 2025 (Note) - 8,536,800 - 10,000 △675,164 596,582 (Note) Capital reserves were reduced and transferred to other capital surplus under Article 448(1) of the Companies Act, and the increased other capital surplus was transferred to retained earnings under Article 452 and used to compensate for the deficit in retained earnings.」
On 26 March 2025, implemented an additional capital policy reducing capital reserves by ¥675,164 thousand and using other capital surplus to compensate for the deficit in retained earnings. - FY2024AchievedAnnual report
「At an extraordinary general meeting of shareholders held on 5 December 2024, the Company adopted resolutions under Articles 447(1) and 448(1) of the Companies Act to compensate for the deficit in retained earnings, improve financial soundness, secure flexibility and agility in future capital policy, and optimize the capital structure. Effective 5 December 2024, it reduced capital by ¥586,258 thousand, or 98.3%, and capital reserves by ¥2,307,229 thousand, or 64.4%, transferred these amounts to other capital surplus, and then transferred the increased other capital surplus to retained earnings under Article 452 of the Companies Act to compensate for the deficit in retained earnings.」
On 5 December 2024, implemented a capital policy reducing capital and capital reserves and using other capital surplus to compensate for the deficit in retained earnings.