Ensuring Flexibility in Capital Policy Through a ¥110 Million Reduction in Stated Capital
First written in FY2024. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
38 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「1 August 2024 ― 3,200,000 △110,000 50,000 ― 1,072 (Note) Pursuant to a resolution at the 84th Annual General Meeting of Shareholders held on 26 June 2024, the amount of stated capital was reduced under Article 447, Paragraph 1 of the Companies Act, with the aim of securing flexibility and agility in capital policy, and transferred to other capital surplus. The reduction ratio was 68.8%.」
Effective 1 August 2024, stated capital was reduced by ¥110 million, changing the balance from ¥160 million to ¥50 million. The capital reduction scheduled for FY2024 was carried out. - FY2024First statedAnnual report
「To secure flexibility and agility in our future capital policy, we decided to reduce the amount of stated capital pursuant to Article 447, Paragraph 1 of the Companies Act. Of the ¥160 million in stated capital, ¥110 million will be reduced, leaving ¥50 million.」
The ¥110 million reduction in stated capital approved at the shareholders meeting held on 26 June 2024 was scheduled to take effect on 1 August 2024. The company stated that the total number of issued shares and net assets would remain unchanged.