Covering Accumulated Deficits Through a Reduction in Capital Reserve
First written in FY2018-Q1. 3 of 7 entries say "Achieved", first in FY2018. Latest entry: FY2022-Q1.
- FY2022-Q1AchievedAnnual report
「27 April 2021 ― 816,979 ― 1,966,818 △83,831 1,007,318 (Note) Capital reserves were reduced and the deficit covered pursuant to Article 448, Paragraph 1 of the Companies Act.」
The changes in capital and other accounts for the current quarter confirm that capital reserves of ¥83.831 million were reduced and the deficit covered as of 27 April 2021. - FY2021AdvancedAnnual report
「At the resolution of the 70th Annual General Meeting of Shareholders held on 27 April 2021, it was resolved that capital reserves would be reduced by ¥83.831 million and the entire amount of the reduction transferred to other capital surplus. On the same date, other capital surplus of ¥83.831 million was reduced and transferred to retained earnings brought forward to cover the deficit.」
The resolution to use ¥83.831 million in capital reserves and other sources to cover the deficit as of 27 April 2021 is disclosed, giving concrete form to the deficit coverage measures. - FY2021-Q1RestatedAnnual report
「27 April 2020 ― 816,979 ― 1,966,818 △148,031 1,091,149 (Note) Capital reserves were reduced and the deficit covered pursuant to Article 448, Paragraph 1 of the Companies Act.」
The reduction of ¥148.031 million in capital reserves and the coverage of the deficit as of 27 April 2020 can be confirmed in the changes in capital and other accounts. - FY2020AchievedAnnual report
「At the resolution of the 69th Annual General Meeting of Shareholders held on 27 April 2020, it was resolved that capital reserves would be reduced by ¥148.031 million and the entire amount of the reduction transferred to other capital surplus. On the same date, other capital surplus of ¥148.031 million was reduced and transferred to retained earnings brought forward to cover the deficit.」
Following the ¥91.752 million deficit coverage in April 2019, the use of ¥148.031 million in capital reserves and other sources to cover the deficit was resolved and implemented as of 27 April 2020. - FY2020-Q1AdvancedAnnual report
「25 April 2019 ― 816,979 ― 1,966,818 △91,752 1,239,181 (Note) Capital reserves were reduced and the deficit covered pursuant to Article 448, Paragraph 1 of the Companies Act.」
The filing states that capital reserves of ¥91.752 million were reduced and the deficit covered as of 25 April 2019. - FY2018AchievedAnnual report
「26 April 2017 ― 8,169,793 ― 1,966,818 △3,584 1,330,934」
The consolidated statement of changes in shareholders' equity confirms that capital reserves of ¥3.584 million were reduced and the deficit covered as of 26 April 2017. - FY2018-Q1First statedAnnual report
「26 April 2017 ― 8,169,793 ― 1,966,818 △3,584 1,330,934 (Note) Capital reserves were reduced and the deficit covered pursuant to Article 448, Paragraph 1 of the Companies Act.」
The filing states that capital reserves were reduced by ¥3.584 million as of 26 April 2017 and the deficit was covered pursuant to the Companies Act.