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Somar (8152) · InitiativeAchieved

Strengthening the financial position through the reduction of capital reserves and the appropriation of surplus

First written in FY2016. 1 of 1 entries say "Achieved", first in FY2016. Latest entry: FY2016.

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Capital Policy and Dividend Preparation Through Capital Reduction and Deficit CoverageA theme 287 companies write about · 1 as a headwind · 286 as a tailwind
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  1. FY2016AchievedAnnual report

    「The company will reduce the amounts of its capital reserve and earned reserve pursuant to Article 448, Paragraph 1 of the Companies Act, and dispose of retained earnings pursuant to Article 452 of the Companies Act, in order to cover the deficit in retained earnings brought forward, strengthen its financial position, and prepare for a more agile and flexible capital policy going forward.」

    On 28 June 2016, a plan was approved to reduce and transfer ¥412,329,043 of capital reserve, ¥419,751,476 of earned reserve and other amounts, and cover the deficit in retained earnings brought forward.
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Strengthening the financial position through the reduction of capital reserves and the appropriation of surplus | SOMAR CORPORATION (8152) | Komori