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Rise (8836) · InitiativeCited as achieved

RISE Inc.'s ¥1,900 million reduction in stated capital to optimize its capital structure

First written in FY2020-Q2. 1 of 3 entries say "Achieved", first in FY2020-Q3. Latest entry: FY2021.

3entries
3years
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ProgressHeldSoftenedWorseFirst statedFY2020-Q2AchievedFY2020-Q32019: 120192020: 120202021: 12021
Same theme, other companies
Transfer to Other Capital Surplus Through Capital Reduction and Capital Structure ReorganizationA theme 203 companies write about · 0 as a headwind · 186 as a tailwind

7 other companies' latest entry also says "Cited as achieved".

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Showing 14 of the 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 206 threads.
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  1. FY2021Cited as achievedAnnual report

    「This resulted from the reduction of stated capital and its transfer to other capital surplus on 20 December 2019.」

    The capital movement statement reconfirms completion of the capital reduction, under which ¥1,900 million of stated capital was reduced, leaving stated capital of ¥100 million, and transferred to other capital surplus.
  2. FY2020-Q3AchievedAnnual report

    「In addition, stated capital was reduced by ¥1,900 million to ¥100 million, and the ¥1,900 million reduction in stated capital was transferred to other capital surplus.」

    The capital reduction planned in the previous quarter was implemented on 20 December 2019: ¥1,900 million of the ¥2,000 million in stated capital was reduced, leaving stated capital of ¥100 million, and the entire amount was transferred to other capital surplus.
  3. FY2020-Q2First statedAnnual report

    「The amount of stated capital will be reduced and transferred to other capital surplus in order to establish an appropriate capital structure in line with the current scale of the business. Of the ¥2,000,000,000 in stated capital, ¥1,900,000,000 will be reduced, leaving stated capital of ¥100,000,000. The entire ¥1,900,000,000 reduction in stated capital is scheduled to be transferred to other capital surplus.」

    At a meeting of the Board of Directors held on 2 October 2019, a plan was approved to reduce ¥1,900 million of RISE Inc.'s ¥2,000 million stated capital, leaving stated capital of ¥100 million. The plan is subject to approval at an extraordinary general meeting of shareholders scheduled for 20 December 2019 and other conditions.
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