Eliminating accumulated deficits through a reduction in capital and capital reserves
First written in FY2022-Q3. 3 of 4 entries say "Achieved", first in FY2023-Q1. Latest entry: 2026-05-20.
127 other companies' latest entry also says "Achieved".
- 2026-05-20AchievedGovernance
「Other capital surplus ¥264,971,900」
The company proposed reducing other capital surplus by ¥264,971,900 and transferring the same amount to retained earnings brought forward. This is the same capital policy measure used for past deficit compensation, but the planned effective date is 30 June 2026 and the proposal remains subject to shareholder approval. - FY2024-Q1AchievedAnnual report
「Based on a resolution at the 19th annual general meeting of shareholders held on 21 June 2023, the company reduced other capital surplus by ¥804 million, transferred the same amount to retained earnings brought forward, and eliminated the deficit. Total shareholders’ equity was not materially affected.」
Based on the resolution at the annual general meeting of shareholders held on 21 June 2023, the company transferred ¥804 million of other capital surplus to retained earnings brought forward to eliminate the deficit. - FY2023-Q1AchievedAnnual report
「Based on a resolution at the 18th annual general meeting of shareholders held on 21 June 2022, the company reduced other capital surplus by ¥388 million, transferred the same amount to retained earnings brought forward, and eliminated the deficit.」
The company reduced other capital surplus by ¥388 million and transferred the same amount to retained earnings brought forward to eliminate the deficit, based on a resolution at the general meeting of shareholders. Stated capital is ¥44 million and capital reserves are ¥0. - FY2022-Q3First statedAnnual report
「Of the ¥1,146 million in stated capital, ¥1,102 million will be reduced, leaving ¥44 million. Of the ¥1,104 million in capital reserves, ¥1,104 million will be reduced, leaving capital reserves of ¥0. The full ¥2,206 million reduction in stated capital and capital reserves will be transferred to other capital surplus.」
The company newly presented a plan to reduce stated capital and capital reserves to enable a more agile and flexible capital policy and maintain financial soundness, and to transfer ¥1,070 million of other capital surplus to retained earnings brought forward to eliminate the deficit. The extraordinary general meeting of shareholders is scheduled for 15 March 2022, and the effective date is scheduled for 16 March 2022.