Reduction of capital reserves and elimination of accumulated deficits
First written in FY2025-H1. 1 of 2 entries say "Restated". Latest entry: FY2025.
- FY2025RestatedAnnual report
「On 27 July 2024, pursuant to Article 448, paragraph 1 of the Companies Act, the Company reduced its capital reserve and transferred the amount to other capital surplus.」
The capital structure reflecting the reduction of capital reserves, the transfer to other capital surplus, and the elimination of the deficit can also be confirmed in the full-year financial statements. - FY2025-H1First statedAnnual report
「Pursuant to a resolution of the Company's 11th Annual General Meeting of Shareholders held on 24 June 2024 and in accordance with Article 448, paragraph 1 of the Companies Act, the Company reduced its capital reserve by ¥1,644.661 million and transferred the same amount to other capital surplus. In addition, pursuant to Article 452 of the Companies Act, the Company reduced other capital surplus by ¥296.833 million, transferred the same amount to retained earnings brought forward, and made an appropriation to eliminate the deficit.」
Based on a resolution of the General Meeting of Shareholders, the Company reduced its capital reserve by ¥1,644.661 million and transferred ¥296.833 million from other capital surplus to retained earnings brought forward to eliminate the deficit.