Almedio (7859) · InitiativeAchieved
Covering a Deficit in Retained Earnings Brought Forward Through a Reduction in Share Capital and Capital Reserve
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
Capital Policy and Dividend Preparation through Capital Reduction and Deficit EliminationA theme 300 companies write about · 1 as a headwind · 299 as a tailwind
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 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 302 threads.Full recordFilings, disclosures and news, newest first
- FY2023-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 13 May 2022, the Company resolved to submit a proposal concerning reductions in stated capital and capital reserve and the disposition of surplus to the 42nd Annual General Meeting of Shareholders held on 24 June 2022. The proposal was approved at that meeting and became effective on 28 July 2022.」
The procedure to transfer ¥600 million of stated capital and ¥600 million of capital reserve to other capital surplus and cover the ¥1,200 million deficit in retained earnings became effective on 28 July 2022. - FY2022First statedAnnual report
「The Company will reduce the amounts of stated capital and the capital reserve and dispose of surplus in order to eliminate the deficit in retained earnings currently arising, improve its financial condition, and ensure flexibility and agility in future capital policy.」
Following a Board of Directors resolution in May 2022 and shareholder approval in June, the Company presented a plan to transfer ¥600 million of stated capital and ¥600 million of capital reserve to other capital surplus and cover the ¥1,200 million deficit in retained earnings. The effective date was scheduled for 28 July 2022.