Decision and Details
Board of DirectorsDisposition of other capital surplus
To reduce the deficit in retained earnings brought forward and strengthen the Company's financial position, while securing the agility and flexibility of its capital policy toward the early realization of shareholder returns.
The disposition will have no impact on the Company's consolidated or standalone results. There will also be no change in net assets or the total number of issued shares.
| Item | Details |
|---|---|
| Matter Covered | Disposition of other capital surplus |
| Decision-Making Body | Board of Directors |
| Decision Date | 22 April 2026 |
| Implementation Date | 28 May 2026 (scheduled; effective date) |
| Amount | Other capital surplus to be decreased: ¥452,943,934; retained earnings brought forward to be increased: ¥452,943,934 |
| Impact on Business Performance | The disposition will have no impact on the Company's consolidated or standalone results. There will also be no change in net assets or the total number of issued shares. |
| Reason | To reduce the deficit in retained earnings brought forward and strengthen the Company's financial position, while securing the agility and flexibility of its capital policy toward the early realization of shareholder returns. |
| Governing Rule | Article 452 of the Companies Act |
| Future plans | The Company plans to submit the matter of the disposition of other capital surplus to the 22nd Annual General Meeting of Shareholders scheduled for 28 May 2026, with the disposition taking effect on the same day subject to its approval and adoption. Following implementation, the Company plans to receive dividends from its consolidated subsidiaries and proceed with eliminating the deficit in retained earnings brought forward. |
Items this document does not state (3)
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 reduce the deficit in retained earnings brought forward and strengthen the Company's financial position, while securing the agility and flexibility of its future capital policy toward the early realization of shareholder returns, including dividends and share buybacks.