Covering the deficit in retained earnings carried forward by reducing capital reserves and other reserves
First written in FY2016. 4 of 9 entries say "Cited as achieved", first in FY2018-Q1. Latest entry: FY2020-Q1.
- FY2020-Q1AchievedAnnual report
「Pursuant to a resolution of the annual general meeting of shareholders held on 21 June 2019, the Company reduced its capital reserve by ¥344 million and transferred the amount to other capital surplus on 24 June 2019. On the same date, it reduced other capital surplus by ¥344 million, transferred the amount to retained earnings and eliminated the deficit.」
The reduction of the ¥344 million capital reserve approved in the previous fiscal year and the elimination of the deficit through its transfer to retained earnings were carried out on 24 June 2019. - FY2019AdvancedAnnual report
「To eliminate this deficit, prepare for the resumption of dividend payments at an early date, and ensure flexibility and agility in future capital policy, the Company will reduce the amount of the capital reserve and transfer the same amount to other capital surplus pursuant to Article 448, Paragraph 1 of the Companies Act, and transfer other capital surplus to retained earnings pursuant to Article 452 of the Companies Act.」
For the ¥344 million deficit arising from the standalone financial results for the fiscal year ended March 2019, the reduction of the capital reserve and elimination of the deficit were approved, paving the way for an early resumption of dividend payments. - FY2018Cited as achievedAnnual report
「Pursuant to a resolution of the annual general meeting of shareholders held on 22 June 2017, the Company reduced its capital reserve by ¥158,261 thousand and transferred the amount to other capital surplus on 23 June 2017. On the same date, it reduced other capital surplus by ¥158,261 thousand, transferred the amount to retained earnings and eliminated the deficit.」
The reduction of the capital reserve and elimination of the deficit in retained earnings approved and carried out in the previous fiscal year continue to be reported as completed transactions. - FY2018-Q3Cited as achievedAnnual report
「Pursuant to a resolution of the annual general meeting of shareholders held on 22 June 2017, the Company reduced its capital reserve by ¥158,261 thousand and transferred the amount to other capital surplus on 23 June 2017. On the same date, it reduced other capital surplus by ¥158,261 thousand, transferred the amount to retained earnings and eliminated the deficit.」
The reduction of the capital reserve and elimination of the deficit in retained earnings approved and carried out in the previous fiscal year continue to be reported as completed transactions. - FY2018-Q2Cited as achievedAnnual report
「Pursuant to a resolution of the annual general meeting of shareholders held on 22 June 2017, the Company reduced its capital reserve by ¥158,261 thousand and transferred the amount to other capital surplus on 23 June 2017. On the same date, it reduced other capital surplus by ¥158,261 thousand, transferred the amount to retained earnings and eliminated the deficit.」
The reduction of the capital reserve and elimination of the deficit in retained earnings approved in the previous fiscal year continue to be reported as completed transactions. - FY2018-Q1Cited as achievedAnnual report
「Pursuant to a resolution of the annual general meeting of shareholders held on 22 June 2017, the Company reduced its capital reserve by ¥158,261 thousand and transferred the amount to other capital surplus on 23 June 2017. On the same date, it reduced other capital surplus by ¥158,261 thousand, transferred the amount to retained earnings and eliminated the deficit.」
The reduction of the capital reserve and elimination of the deficit in retained earnings approved at the end of the previous fiscal year were carried out on 23 June 2017. - FY2017AchievedAnnual report
「At the 66th annual general meeting of shareholders held on 22 June 2017, the Company approved the reduction of the capital reserve and the appropriation of surplus as set out below.」
For the ¥158,261 thousand deficit in retained earnings arising from the standalone financial results for the fiscal year ended March 2017, a procedure to reduce the capital reserve and eliminate the deficit was approved on 22 June and carried out with 23 June as the effective date. - FY2017-Q1AchievedAnnual report
「Pursuant to a resolution of the annual general meeting of shareholders held on 24 June 2016, the Company reduced its capital reserve by ¥440,998 thousand and transferred the amount to other capital surplus on 25 June 2016. On the same date, it reduced other capital surplus by ¥777,696 thousand, transferred the amount to retained earnings and eliminated the deficit.」
The reduction of the capital reserve and other reserves and the elimination of the deficit in retained earnings presented in the previous fiscal year were carried out on 25 June 2016. - FY2016First statedAnnual report
「To eliminate this deficit and ensure flexibility and agility in future capital policy, the Company will reduce the amount of the capital reserve and transfer the same amount to other capital surplus pursuant to Article 448, Paragraph 1 of the Companies Act, reduce the amount of the earned surplus reserve and transfer the same amount to retained earnings, and transfer other capital surplus and the reserve for specific purposes to retained earnings pursuant to Article 452 of the Companies Act.」
A plan was presented to eliminate a deficit of ¥1,541,421,460 in retained earnings, with the resolution dated 24 June 2016 and the effective date set as 25 June 2016.