Deficit Compensation through Reduction of Capital Reserve
First written in FY2022. 4 of 10 entries say "Advanced", first in FY2023-Q1. Latest entry: 2026-08-07.
127 other companies' latest entry also says "Achieved".
- FY2026AdvancedAnnual report
「At a board of directors meeting held on 8 May 2026, the company resolved to submit a proposal to reduce the amount of stated capital to the annual general meeting of shareholders scheduled for 26 June 2026. The stated capital of ¥972,195,302 will be reduced by ¥472,195,302 to ¥500,000,000.」
To secure flexibility and agility in capital policy, the board of directors resolved a plan to reduce stated capital from approximately ¥972.195 million to ¥500 million and transfer the difference to other capital surplus. - FY2023-Q1AdvancedAnnual report
「30 June 2022 (Note) ― 4,579,000 ― 972,195 △249,358 4,437 (Note) The capital reserve was reduced and transferred to other capital surplus pursuant to Article 448, Paragraph 1 of the Companies Act.」
The capital reserve reduction and transfer to other capital surplus were carried out on 30 June 2022. The capital policy disclosed in FY2022 involving a reduction in capital reserve progressed to the implementation stage. - FY2022First statedAnnual report
「To secure flexibility and agility in future capital policy, the company will reduce its capital reserve in full and transfer it to other capital surplus pursuant to Article 448, Paragraph 1 of the Companies Act. It will then transfer the increased other capital surplus to retained earnings pursuant to Article 452 of the Companies Act to eliminate the deficit.」
The company disclosed a capital policy to transfer ¥253,795,287 of capital reserve to other capital surplus and ¥424,969,005 of other capital surplus to retained earnings to eliminate the deficit, with the changes scheduled to take effect on 30 June 2022.