Kowa (7807) · InitiativeAchieved
Improving Capital Policy Flexibility and Financial Soundness Through a Reduction in Stated Capital
First written in FY2022. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
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".
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
- FY2023-Q1AchievedAnnual report
「At the annual shareholders' meeting held on 27 May 2022, the company resolved to reduce its stated capital, and the reduction took effect on 1 July 2022.」
A reduction in stated capital from ¥870,676,381 by ¥820,676,381 to ¥50,000,000 took effect on 1 July 2022. - FY2022First statedAnnual report
「The company will reduce its stated capital pursuant to Article 447, paragraph 1 of the Companies Act in order to secure flexibility and agility in future capital policies and improve financial soundness through the application of an appropriate tax regime. Of the stated capital of ¥870,676,381, ¥820,676,381 will be reduced, leaving ¥50,000,000.」
Following approval at the shareholders' meeting held on 27 May 2022, a gratuitous reduction of stated capital from ¥820,676,381 to ¥50,000,000 is scheduled to take effect on 1 July 2022.