Reduction of Stated Capital and Appropriation of Surplus to Cover Deficit Carried Forward
First written in FY2017-Q1. 3 of 6 entries say "Restated". Latest entry: FY2023-Q2.
127 other companies' latest entry also says "Achieved".
- FY2023-Q2AchievedAnnual report
「At the 103rd Annual General Meeting of Shareholders held on 29 June 2022, the Company resolved to make a capital reduction without compensation to eliminate accumulated losses. The resolution took effect on 9 August 2022. As a result, during the six-month period ended 30 September 2022, capital decreased by ¥2,011,932 thousand and the capital reserve decreased by ¥616,961 thousand, with the entire amount of these reductions transferred to other capital surplus. Following the effective reduction of capital and the capital reserve, ¥847,607 thousand of other capital surplus was transferred to retained earnings brought forward to eliminate accumulated losses.」
The effective implementation of the capital reduction without compensation to eliminate accumulated losses was confirmed in detail, including the reductions of ¥2,011,932 thousand in capital and ¥616,961 thousand in capital reserve and the elimination of accumulated losses using ¥847,607 thousand of other capital surplus. - FY2023-Q1AchievedAnnual report
「The resolution was approved at the relevant shareholders' meeting and took effect on 9 August 2022.」
Of capital of ¥2,111,932,000, ¥2,011,932,000 was reduced, leaving ¥100 million. A procedure was approved and implemented to transfer the entire capital reserve and use ¥847,607,472 of other capital surplus to offset retained earnings brought forward against accumulated losses. - FY2017RestatedAnnual report
「Effective 2 August 2016, capital was reduced and transferred to other capital surplus, after which accumulated losses were eliminated.」
The reduction of capital and elimination of accumulated losses using other capital surplus were also confirmed in the disclosures on shares and capital. - FY2017-Q3RestatedAnnual report
「Based on a resolution of the Annual General Meeting of Shareholders held on 29 June 2016, capital was reduced by ¥3,500,000 thousand effective 2 August 2016, and the same amount was transferred to other capital surplus. On the same date, retained earnings brought forward were offset against accumulated losses using other capital surplus.」
The reduction of capital and elimination of accumulated losses using other capital surplus are restated, including the effective date and amounts. - FY2017-Q2RestatedAnnual report
「Based on a resolution of the Annual General Meeting of Shareholders held on 29 June 2016, capital was reduced by ¥3,500,000 thousand effective 2 August 2016, and the same amount was transferred to other capital surplus. On the same date, retained earnings brought forward were offset against accumulated losses using other capital surplus.」
The reduction of capital and elimination of accumulated losses using other capital surplus are restated, including the effective date and amounts. - FY2017-Q1First statedAnnual report
「At the Company's 97th Annual General Meeting of Shareholders held on 29 June 2016, resolutions were passed regarding a reduction in the amount of capital and the disposition of surplus, as described below, with the aim of eliminating accumulated losses, correcting the capital structure and strengthening the Company's financial position. The resolutions took effect on 2 August 2016. Capital was reduced by ¥3,500,000,000 from ¥5,000,000,000 to ¥1,500,000,000, with the reduction recognized as other capital surplus. The number of issued shares was not changed; only the amount of capital was reduced.」
Capital was reduced from ¥5.0 billion to ¥1.5 billion, and accumulated losses were eliminated using other capital surplus.