Ensuring Flexibility and Agility in Capital Policy Through a Capital Reduction
First written in FY2023-Q1. 1 of 2 entries say "Achieved", first in FY2023-Q2. Latest entry: FY2023-Q2.
118 other companies' latest entry also says "Achieved".
- FY2023-Q2AchievedAnnual report
「Based on a resolution of the annual general meeting of shareholders held on 29 June 2022, the reduction of capital became effective on 1 August 2022, and ¥398,707 thousand of stated capital was reduced and transferred to other capital surplus. As a result, at the end of the second quarter of the current fiscal year, stated capital was ¥100,000 thousand and capital surplus was ¥928,152 thousand.」
Regarding the reduction of capital intended to secure flexibility and agility in capital policies, the procedure became effective on 1 August 2022 and was completed with stated capital reduced to ¥100,000 thousand. - FY2023-Q1First statedAnnual report
「To secure flexibility and agility in future capital policies, the Company will reduce its stated capital pursuant to Article 447, Paragraph 1 of the Companies Act. Of the stated capital of ¥498,707,000, ¥398,707,000 will be reduced, leaving ¥100,000,000.」
To secure flexibility and agility in capital policies, the Company carried out a reduction of capital, reducing stated capital of ¥498,707,000 by ¥398,707,000 to ¥100,000,000. The reduction was transferred to other capital surplus and became effective on 1 August 2022.