Decision and Details
Board of DirectorsDisposition of surplus (offsetting deficit)
To strengthen the Company’s financial position by offsetting the deficit in retained earnings brought forward and secure flexibility in future capital policies and shareholder return measures. The measure will also establish a foundation for future shareholder returns.
There will be no impact on consolidated results for the fiscal year ending March 2027. There will also be no impact on total net assets or profit or loss.
| Item | Details |
|---|---|
| Matter Covered | Disposition of surplus (offsetting deficit) |
| Decision-Making Body | Board of Directors |
| Decision Date | 24 August 2026 |
| Implementation Date | 30 September 2026 (scheduled; effective date conditional upon approval and adoption at the extraordinary general meeting of shareholders) |
| Amount | Decrease in other capital surplus: ¥4,311.189 million; increase in retained earnings brought forward: ¥4,311.189 million |
| Impact on Business Performance | There will be no impact on consolidated results for the fiscal year ending March 2027. There will also be no impact on total net assets or profit or loss. |
| Reason | To strengthen the Company’s financial position by offsetting the deficit in retained earnings brought forward and secure flexibility in future capital policies and shareholder return measures. The measure will also establish a foundation for future shareholder returns. |
| Governing Rule | Article 452 of the Companies Act and Article 153(1) of the Ordinance on Company Accounting |
| Related previous disclosures | Resolution at the 13th Annual General Meeting of Shareholders held on 27 June 2026 |
| Future plans | An extraordinary general meeting of shareholders will be held on 30 September 2026, with that date to be the effective date conditional upon approval and adoption at the meeting. |
Items this document does not state (2)
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 offset the deficit in retained earnings brought forward and strengthen the Company’s financial position, while securing flexibility in future capital policies and shareholder return measures and establishing a foundation for future shareholder returns.