Iid (6038) · InitiativeAchieved
Securing flexibility in capital policy through a reduction in stated capital
First written in FY2023-Q3. 1 of 2 entries say "Achieved", first in FY2023. Latest entry: FY2023.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Transfer to Other Capital Surplus Through Capital Reduction and Capital Structure ReorganizationA theme 203 companies write about · 0 as a headwind · 186 as a tailwind
118 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 206 threads.Full recordFilings, disclosures and news, newest first
- FY2023AchievedAnnual report
「With 25 May 2023 as the effective date, the company reduced stated capital by ¥849.524 million and transferred the reduction to other capital surplus (a 94.4% reduction).」
The company carried out a capital reduction to ensure flexibility and agility in its capital policy, reducing stated capital from ¥899.524 million to ¥50 million. - FY2023-Q3First statedAnnual report
「For the purpose of ensuring flexibility and agility in future capital policy, the company will reduce its stated capital pursuant to Article 447, paragraph 1 of the Companies Act and transfer the reduction to other capital surplus. Of the stated capital of ¥899,524,500, ¥849,524,500 will be reduced, leaving ¥50,000,000. The effective date of the capital reduction is scheduled for 25 May 2023.」
The company resolved to reduce stated capital from ¥899,524,500 to ¥50,000,000, reducing ¥849,524,500 and transferring the reduction to other capital surplus, to ensure flexibility and agility in its capital policy. Approval at an extraordinary general meeting of shareholders on 24 May 2023 and an effective date of 25 May 2023 are scheduled.