Optimizing the Capital Structure Through Reductions in Stated Capital and Capital Reserve and the Offset of Accumulated Deficits
First written in FY2024. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
127 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「Pursuant to a resolution of the 30th annual general meeting of shareholders held on 25 September 2024, stated capital was reduced by ¥3,258.367 million (97.0% reduction) and capital reserves by ¥1,257.268 million (38.5% reduction), with the amounts transferred to other capital surplus. The other capital surplus transferred was also transferred to retained earnings carried forward to eliminate the deficit.」
The planned reduction of capital of ¥3,258.367 million and capital reserves of ¥1,257.268 million, together with the elimination of accumulated deficit totaling ¥4,515.635 million, was carried out on 31 October 2024. Measures to optimize the capital structure and strengthen the financial position have been completed. - FY2024First statedAnnual report
「As part of its management strategy, the company aims to eliminate the deficit in retained earnings carried forward, which has arisen, improve its financial position, secure flexibility and agility in future capital policies, and optimize its capital structure.」
At the annual general meeting of shareholders held on 25 September 2024, a plan was approved to reduce stated capital by ¥3,258.367 million and capital reserves by ¥1,257.268 million, transfer the amounts to other capital surplus, and apply the total of ¥4,515.635 million to eliminate the deficit in retained earnings carried forward. The effective date is scheduled for 31 October 2024.