Decision and Details
Resolution under Article 370 of the Companies Act (written resolution in lieu of a resolution at a meeting of the Board of Directors)Reversal of the general reserve
To enable the Company to pay stable dividends to shareholders.
As this is a transfer between accounts within net assets, there will be no change in total net assets and no impact on financial results.
| Item | Details |
|---|---|
| Matter Covered | Reversal of the general reserve |
| Decision-Making Body | Resolution under Article 370 of the Companies Act (written resolution in lieu of a resolution at a meeting of the Board of Directors) |
| Decision Date | 25 May 2026 |
| Implementation Date | 23 June 2026 (scheduled, subject to approval at the 104th Annual General Meeting of Shareholders scheduled to be held on 23 June 2026) |
| Amount | Decrease in general reserve: ¥2,000,000,000; increase in retained earnings brought forward: ¥2,000,000,000 |
| Impact on Business Performance | As this is a transfer between accounts within net assets, there will be no change in total net assets and no impact on financial results. |
| Reason | To enable the Company to pay stable dividends to shareholders. |
| Governing Rule | Article 370 of the Companies Act |
| Future plans | The proposal will be submitted to the 104th Annual General Meeting of Shareholders scheduled to be held on 23 June 2026 for approval. Subject to approval, the withdrawal and transfer are scheduled to take effect on the same date. |
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 enable the Company to pay stable dividends to shareholders.