Securing Flexibility and Agility in Capital Policy Through a Capital Reduction
First written in FY2021. 4 of 7 entries say "Restated". Latest entry: FY2023-Q3.
14 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「Based on a resolution of the Board of Directors meeting held on 20 May 2022, the company issued new shares through a third-party allotment to Z Co., Ltd. with an in-kind contribution, effective 22 July 2022, increasing capital and the capital reserve by ¥267,000 thousand each. On the same date, the company reduced capital by ¥267,000 thousand and transferred the amount to other capital surplus. As a result, at the end of the third quarter of the current consolidated fiscal year, capital was ¥100,000 thousand and capital surplus was ¥3,341,508 thousand.」
The results of the non-refundable capital reduction carried out simultaneously with the third-party allotment of new shares, including the transfer from capital to other capital surplus, have been confirmed. - FY2023-Q2AdvancedAnnual report
「Based on the resolution of the regular Board of Directors meeting held on 20 May 2022, the company issued new shares through a third-party allotment with an in-kind contribution and carried out a non-refundable capital reduction, both of which became effective on 22 July 2022. It issued 6,137,932 new shares, increasing capital and the capital reserve by ¥267,000 thousand each, and simultaneously reduced capital by ¥267,000 thousand through a non-refundable capital reduction, transferring the reduction to other capital surplus.」
A non-refundable capital reduction of ¥267,000 thousand was carried out simultaneously with the third-party allotment of new shares, and the transfer from capital to other capital surplus became effective on 22 July 2022. - FY2022RestatedAnnual report
「Based on the resolution of the 79th annual shareholders' meeting held on 23 June 2021, the capital reduction became effective on 1 August 2021. Capital was reduced by ¥2,399,380 thousand and transferred to other capital surplus.」
The annual report also confirms that the non-refundable capital reduction became effective and that the amount was transferred from capital to other capital surplus. - FY2022-Q3RestatedAnnual report
「Based on the resolution of the 79th annual shareholders' meeting held on 23 June 2021, the capital reduction became effective on 1 August 2021. Capital was reduced by ¥2,399,380 thousand and transferred to other capital surplus. As a result, at the end of the second quarter of the consolidated fiscal year, capital was ¥100,000 thousand and capital surplus was ¥2,807,508 thousand.」
The effectiveness of the non-refundable capital reduction and the resulting transfers to capital and capital surplus continue to be confirmed in the shareholders' equity section. - FY2022-Q2RestatedAnnual report
「Based on the resolution of the annual shareholders' meeting held on 23 June 2021, the company carried out a non-refundable capital reduction, which became effective on 1 August 2021. Capital was reduced by ¥2,399,380 thousand and transferred to other capital surplus, with no change to the total number of issued shares.」
The non-refundable capital reduction became effective on 1 August 2021, and the quarterly report also confirms that capital was ¥100 million and capital surplus was ¥2,807.508 million. - FY2022-Q1AchievedAnnual report
「The reduction in capital became effective on 1 August 2021, following completion of the creditor protection procedures. The reduction was a non-refundable capital reduction, with no change to the total number of issued shares, and ¥2,399,380,374 was transferred to other capital surplus. As a result, capital after the reduction was ¥100,000,000.」
The non-refundable capital reduction planned in the previous filing became effective on 1 August 2021, completing the reduction of capital by ¥2,399,380,374 to ¥100 million. - FY2021First statedAnnual report
「The amount of capital was reduced from ¥2,499,380,374 by ¥2,399,380,374 to ¥100,000,000, and an amount equal to the reduction in capital was transferred to other capital surplus. The total number of issued shares was unchanged, and only the amount of capital was reduced.」
The capital reduction was approved at the shareholders' meeting held on 23 June 2021, and a plan was disclosed to reduce capital by approximately ¥2.4 billion to ¥100 million. The effective date was scheduled for 1 August 2021.