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Muraki (7477) · InitiativeAchieved

Ensuring Financial Soundness and Flexibility in Capital Policy Through a Reduction in Capital

First written in FY2023. 1 of 3 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024-Q2.

3entries
1years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2023AdvancedFY2024-Q1 – FY2024-Q22023: 32023
Same theme, other companies
Strengthening the Financial Position and Increasing Flexibility in Capital Policy through Reductions in Stated Capital and Capital ReservesA theme 61 companies write about · 0 as a headwind · 59 as a tailwind

38 other companies' latest entry also says "Achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 61 companies compared. The sentences above are computed from all 61.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2AchievedAnnual report

    「Based on a resolution of the 65th Annual General Meeting of Shareholders held on 23 June 2023, the reduction in stated capital took effect on 2 August 2023. Stated capital was reduced by ¥1,810,700,000, with the amount transferred to other capital surplus. As a result, at the end of the second quarter of the current consolidated fiscal year, stated capital was ¥100,000,000 and capital surplus was ¥1,899,304,000.」

    The reduction of ¥1,810,700,000 in stated capital took effect on 2 August 2023, leaving stated capital of ¥100,000,000 and capital surplus of ¥1,899,304,000. The reduction in stated capital is described as completed.
  2. FY2024-Q1AdvancedAnnual report

    「At a meeting of the Board of Directors held on 12 May 2023, the company resolved to submit a proposal concerning a reduction in stated capital to the 65th Annual General Meeting of Shareholders held on 23 June 2023. The proposal was approved at that meeting.」

    The Board of Directors’ resolution and shareholders’ approval concerning the reduction in stated capital have been completed, and the plan to reduce stated capital by ¥1,810,700,000 from ¥1,910,700,000 to ¥100,000,000 has proceeded to the implementation stage. The effective date is set for 2 August 2023.
  3. FY2023First statedAnnual report

    「Of the stated capital of ¥1,910,700,000, ¥1,810,700,000 will be reduced, leaving ¥100,000,000. The total number of issued shares will remain unchanged, and the entire reduction of ¥1,810,700,000 will be transferred to other capital surplus. (Omitted) Effective date of the reduction in stated capital: 2 August 2023 (planned)」

    The company has disclosed a plan to reduce stated capital from ¥1,910 million to ¥100 million in order to apply tax treatment appropriate to its business scale and ensure financial soundness and flexibility and agility in capital policy.
Moved together

"Reducing Liabilities by Repaying Long-Term Borrowings" moved the same way as this thread, in the same document, in 2 of its 3 moves.

2★1
  1. ★This thread
  2. 1Reducing Liabilities by Repaying Long-Term Borrowings2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Muraki's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Ensuring Financial Soundness and Flexibility in Capital Policy Through a Reduction in Capital | MURAKI CORPORATION (7477) | Komori