Covering the deficit through a reduction in capital reserve and securing flexibility in capital policy
First written in FY2021. 3 of 6 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2026-H1.
- FY2026-H1AchievedAnnual report
「At the Annual General Meeting of Shareholders held on 26 September 2025, we resolved to dispose of other capital surplus, and the resolution took effect on 29 September 2025. As a result, ¥2,421,057 thousand of other capital surplus was transferred to retained earnings brought forward to offset the deficit.」
The deficit offset using other capital surplus resolved in FY2025 took effect on 29 September 2025, and the transfer of ¥2,421,057 thousand was carried out. - FY2025AdvancedAnnual report
「We will offset the deficit in retained earnings brought forward by transferring other capital surplus to retained earnings brought forward.」
Following the previous deficit offset through a reduction in capital reserves, the General Meeting of Shareholders approved the transfer of ¥2,421,057,962 in other capital surplus to retained earnings brought forward to offset the deficit. - FY2024-Q1AchievedAnnual report
「Amount of capital to be reduced: Of the capital of ¥4,643,722,217, ¥4,543,722,217 was reduced and the entire reduction was transferred to other capital surplus, leaving capital of ¥100,000,000 after the reduction. Effective date: 7 November 2023」
The reduction of capital resolved in FY2023 took effect on 7 November 2023, completing the reduction of capital without compensation to ¥100 million. - FY2023AdvancedAnnual report
「Of the capital of ¥4,643,722,217, we will reduce ¥4,543,722,217 and transfer the entire reduction to other capital surplus, leaving capital of ¥100,000,000 after the reduction.」
Following the previous reduction of capital reserves and deficit offset, a resolution was passed to reduce capital to ¥100 million and transfer the reduction to other capital surplus. The effective date was set as 7 November 2023, reaffirming the aim of securing flexibility and agility in capital policy. - FY2022-Q1AchievedAnnual report
「Based on a resolution at the 36th Annual General Meeting of Shareholders held on 28 September 2021, we reduced the amount of capital reserves and transferred the entire reduction to other capital surplus. We also appropriated a portion of other capital surplus and the entire amount of the legal reserve to offset the deficit by transferring them to retained earnings brought forward. In addition, we paid dividends funded by other capital surplus.」
The reduction of ¥2,678,527 thousand in capital reserves, transfers to other capital surplus and retained earnings brought forward to offset the deficit, and dividends funded by capital surplus were carried out on 29 September 2021. - FY2021First statedAnnual report
「To offset the deficit and secure flexibility and agility in future capital policy, we will reduce the amount of capital reserves and dispose of retained earnings.」
Following a resolution at the General Meeting of Shareholders on 28 September 2021, a plan was presented to transfer ¥2,678,527 thousand in capital reserves to other capital surplus and, of that amount, transfer ¥1,253,633 thousand to retained earnings brought forward to offset the deficit.