Ensuring Agility and Flexibility in Capital Policy Through a Reduction in Capital
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2019-Q1.
118 other companies' latest entry also says "Achieved".
- FY2019-Q1AchievedAnnual report
「The reduction took effect on 8 January 2019. The stated capital was reduced, and the entire amount of the reduction was transferred to other capital surplus.」
A capital reduction reducing stated capital by ¥1,484.759 million and transferring the amount to other capital surplus became effective on 8 January 2019. - FY2018First statedAnnual report
「The reduction in stated capital is intended to maintain financial soundness through the application of appropriate tax treatment and systems, taking into account the current scale of operations and earnings position of the group, including its subsidiaries, and to ensure flexibility in future capital policy. Of the stated capital of ¥1,544,759,930 as of 31 August 2018, ¥1,484,759,930 will be reduced, leaving ¥60,000,000. The effective date of the reduction is scheduled for 8 January 2019.」
The company newly presented a plan to reduce stated capital by approximately ¥1.48476 billion to ¥60 million and transfer the reduction to other capital surplus.