Securing Flexibility and Agility in Capital Policy Through a Reduction in Capital Reserve
First written in FY2017. 1 of 3 entries say "Achieved", first in FY2018-Q1. Latest entry: FY2018.
15 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「Effective 4 August 2017, the Company reduced its capital reserve by ¥2,000 million and transferred the amount to other capital surplus.」
The disclosure reaffirms the transfer of ¥2 billion from capital reserve to other capital surplus as the capital structure at the end of the fiscal year. - FY2018-Q1AchievedAnnual report
「Pursuant to a resolution of the 34th Annual General Meeting of Shareholders held on 29 June 2017, the Company reduced its capital reserve by ¥2,000 million and transferred the amount to other capital surplus, effective 4 August 2017.」
The Company implemented the capital policy of transferring ¥2 billion of capital reserve to other capital surplus, effective 4 August 2017. - FY2017First statedAnnual report
「To secure flexibility and agility in future capital policy, the Company will reduce part of its capital reserve and transfer the same amount to other capital surplus pursuant to Article 448, Paragraph 1 of the Companies Act. Of the ¥10,378,585,165 in capital reserve, ¥2,000,000,000 will be reduced and other capital surplus will be increased by ¥2,000,000,000.」
The Company decided on a capital policy to transfer ¥2 billion of capital reserve to other capital surplus, with the aim of securing flexibility and agility.