Agile and Flexible Capital Policy Through Capital Reduction
First written in FY2020. 3 of 4 entries say "Achieved", first in FY2021-Q2. Latest entry: FY2027-H1.
118 other companies' latest entry also says "Achieved".
- FY2027-H1AchievedAnnual report
「As a result, we reduced capital stock and capital reserves by ¥62.440 million each following the exercise of the share acquisition rights, and transferred the same amounts to other capital surplus.」
Following the exercise of the share acquisition rights, capital stock and capital reserves were each reduced by ¥62.44 million, with the amounts transferred to other capital surplus. - FY2026AchievedAnnual report
「Effective 25 February 2026, stated capital was reduced by ¥72.586 million, representing a reduction of 42.1%, and the capital reserve was reduced by ¥72.586 million, representing a reduction of 100.0%. The entire amount was transferred to other capital surplus.」
Following the increase in capital associated with the exercise of share acquisition rights, the Company reduced stated capital and the capital reserve and transferred the amounts to other capital surplus. - FY2021-Q2AchievedAnnual report
「At the 71st Annual General Meeting of Shareholders held on 22 May 2020, the Company approved a proposal to reduce the amount of stated capital, with the aim of implementing an agile and flexible capital policy as part of its financial strategy to achieve future growth. The reduction took effect on 1 July 2020. As a result, at the end of the second quarter accounting period, stated capital was ¥100 million and capital surplus was ¥2,468.485 million.」
The reduction of stated capital planned and approved for FY2020 took effect on 1 July 2020, and the Company implemented a capital policy resulting in stated capital of ¥100 million and capital surplus of ¥2,468.485 million. - FY2020First statedAnnual report
「The company will reduce stated capital from ¥2,000 million by ¥1,900 million to ¥100 million and transfer an amount equal to the reduction in stated capital to other capital surplus. The total number of issued shares will remain unchanged, and only the amount of stated capital will be reduced.」
As a financial strategy for future growth, the company disclosed for the first time a capital reduction plan to reduce stated capital from ¥2 billion to ¥100 million and transfer the reduction to other capital surplus. The effective date is scheduled for 1 July 2020.