Komori
Share Issuance and Disposal6574Convano Inc.Information and Communications, Services and Others

Notice Concerning Reductions in the Amounts of the Capital Reserve and Stated Capital

The company will submit to the shareholders meeting a proposal for a capital reduction without compensation, transferring the entire ¥5,229,924,400 in capital reserve and ¥5,189,924,400 in capital to other capital surplus. The total number of issued shares and shareholders’ ownership percentages will remain unchanged.

Worth reading
22Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
10419848800
Yen (amount of new other capital surplus created)
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Reduction of capital reserve and capital (capital reduction without compensation)

発行・処分する株式数

No change in the total number of issued shares

発行済株式総数

No change

0% (no change in the total number of issued shares)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Procedures under the Corporate Code of Conduct
Subject to approval and adoption of Proposals 3 and 4 at the 13th Annual General Meeting of Shareholders scheduled for 27 June 2026
Impact on Business Performance
There will be no impact on consolidated or non-consolidated results.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalReduction of capital reserve and capital (capital reduction without compensation)
Number of shares to be issued or disposed ofNo change in the total number of issued shares
Dilution Rate0% (no change in the total number of issued shares)
Total number of issued sharesNo change
Procedures under the Corporate Code of ConductSubject to approval and adoption of Proposals 3 and 4 at the 13th Annual General Meeting of Shareholders scheduled for 27 June 2026
Impact on Business PerformanceThere will be no impact on consolidated or non-consolidated results.
Items this document does not state (22)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor shareholders after the offering

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 secure distributable amounts currently insufficient due to a deficit in retained earnings carried forward, thereby enabling flexible repurchases of treasury shares by resolution of the Board of Directors in the future.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning Reductions in the Amounts of the Capital Reserve and Stated Capital | Convano Inc. (6574) timely disclosure | Komori