Three F (7544) · InitiativeAchieved
Securing Flexibility and Agility in Capital Policy Through a Reduction in Capital
First written in FY2017. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
2entries
1years
0from disclosures
How it moved
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".
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Showing 14 of the 61 companies compared. The sentences above are computed from all 61.Full recordFilings, disclosures and news, newest first
- FY2018-Q2AchievedAnnual report
「At the Company's annual general meeting of shareholders held on 26 May 2017, the transfer of ¥1,296 million out of ¥1,396 million in capital stock to other capital surplus was approved and passed. As the transfer took effect on 1 August 2017, capital stock decreased to ¥100 million and capital surplus increased to ¥2,941 million as of that date.」
The ¥1,296 million capital reduction out of ¥1,396 million took effect on 1 August, resulting in capital stock of ¥100 million and capital surplus of ¥2,941 million. - FY2017First statedAnnual report
「Of the capital stock of ¥1,396,150,000, ¥1,296,150,000 will be reduced, leaving ¥100,000,000.」
The Company resolved to reduce its capital by approximately ¥1.3 billion to ¥100 million in order to secure flexibility and agility in its capital policy, with 1 August 2017 scheduled as the effective date.