Komori
Share Issuance and Disposal6147YAMAZAKI CO.,LTD.Machinery

Notice Regarding a Reduction in the Amount of Capital and Disposition of Surplus

The Company will reduce its capital by ¥472,195,302 and transfer the amount to other capital surplus, of which ¥266,131,263 will be used to eliminate the deficit in retained earnings brought forward. The total number of issued shares will remain unchanged, and the Company plans to pay a year-end dividend of ¥10 per share using other capital surplus as the source of funds.

Worth reading
27Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
472195302
¥
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

発行済株式総数

No change will be made to the total number of issued shares

Procedures under the Corporate Code of Conduct
Subject to creditor protection procedures under the Companies Act and approval by resolution of the general meeting of shareholders
Impact on Business Performance
This matter will have no impact on business results. The year-end dividend will also have no impact on business results, as it constitutes a disposition of surplus.
Details of issuance or disposal
ItemDetails
Total number of issued sharesNo change will be made to the total number of issued shares
Procedures under the Corporate Code of ConductSubject to creditor protection procedures under the Companies Act and approval by resolution of the general meeting of shareholders
Impact on Business PerformanceThis matter will have no impact on business results. The year-end dividend will also have no impact on business results, as it constitutes a disposition of surplus.
Items this document does not state (25)
Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To secure flexibility and agility in capital policy, implement shareholder return measures including dividends from surplus, and strengthen the financial position by eliminating the deficit in retained earnings brought forward.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding a Reduction in the Amount of Capital and Disposition of Surplus | YAMAZAKI CO.,LTD. (6147) timely disclosure | Komori