Eliminating Accumulated Deficits through Reductions in Stated Capital and Capital Reserves
First written in FY2016-Q3. 3 of 4 entries say "Restated". Latest entry: FY2019.
- FY2019RestatedAnnual report
「8 December 2015 (Note 1) Change in stated capital △2,530,171 Change in capital reserve △2,820,161」
The historical deficit elimination through the reduction of stated capital and capital reserve and the transfer to other capital surplus continues to be disclosed in the share information. - FY2017-Q3RestatedAnnual report
「Pursuant to resolutions adopted at the annual general meeting of shareholders held on 29 October 2015, the Company reduced its stated capital by ¥2,530,171 thousand and its capital reserve by ¥2,820,161 thousand on 8 December 2015 under Article 447, paragraph 1 and Article 448, paragraph 1 of the Companies Act, and transferred the amounts to other capital surplus. On the same date, pursuant to Article 452 of the Companies Act, the Company reduced other capital surplus by ¥3,774,344 thousand, transferred the amount to retained earnings brought forward, and eliminated the deficit.」
The details of the deficit elimination through the reduction of stated capital and capital reserve and the transfer to retained earnings brought forward continue to be disclosed in the notes. - FY2016RestatedAnnual report
「On 8 December 2015, the Company reduced its stated capital by ¥2,530,171 thousand and its capital reserve by ¥2,820,161 thousand under Article 447, paragraph 1 and Article 448, paragraph 1 of the Companies Act, and transferred the amounts to other capital surplus. On the same date, pursuant to Article 452 of the Companies Act, the Company reduced other capital surplus by ¥3,774,344 thousand, transferred the amount to retained earnings brought forward, and eliminated the deficit.」
The details of the reduction in stated capital and capital reserve and the elimination of the deficit are also disclosed in the full-year report. - FY2016-Q3First statedAnnual report
「Pursuant to resolutions adopted at the annual general meeting of shareholders held on 29 October 2015, the Company reduced its stated capital by ¥2,530,171 thousand and its capital reserve by ¥2,820,161 thousand on 8 December 2015 under Article 447, paragraph 1 and Article 448, paragraph 1 of the Companies Act, and transferred the amounts to other capital surplus. On the same date, pursuant to Article 452 of the Companies Act, the Company reduced other capital surplus by ¥3,774,344 thousand, transferred the amount to retained earnings brought forward, and eliminated the deficit.」
Following approval at the annual general meeting of shareholders, the Company reduced its stated capital, capital reserve and other accounts, transferred the amounts to retained earnings brought forward, and eliminated the deficit.