Ensuring Flexibility and Agility in Capital Policy Through a ¥4 Billion Reduction in Capital Reserves
First written in FY2022-Q1. 1 of 2 entries say "Achieved", first in FY2022-Q1. Latest entry: FY2025-Q1.
21 other companies' latest entry also says "Advanced".
- FY2025-Q1AdvancedAnnual report
「In addition, ¥1,392.31 million in other capital surplus has been transferred to retained earnings to respond to future changes in the business environment and ensure flexibility and agility in capital policy.」
As a measure to ensure flexibility and agility in capital policy, ¥1,392.31 million in other capital surplus was transferred to retained earnings. - FY2022-Q1AchievedAnnual report
「To ensure flexibility and agility in capital policy, the Company will reduce the capital reserve pursuant to Article 448, Paragraph 1 of the Companies Act and transfer the entire amount to other capital surplus. 1. Purpose of the reduction in the capital reserve (1) Amount of the capital reserve to be reduced: ¥4,000,000,000 out of the capital reserve of ¥6,561,688,120 (2) Item and amount of the increase in capital surplus: Other capital surplus, ¥4,000,000,000 3. Schedule for the reduction in the capital reserve (5) Effective date: 2 July 2021」
It is stated that a resolution was passed to transfer ¥4 billion from the capital reserve to other capital surplus to ensure flexibility and agility in capital policy, with the reduction taking effect on 2 July 2021.