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Mrk Holdings (9980) · InitiativeAchieved

Deficit Coverage Through Reduction of Capital Reserves and the Legal Reserve

First written in FY2020. 1 of 1 entries say "Achieved", first in FY2020. Latest entry: FY2020.

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Capital Policy and Dividend Preparation through Capital Reduction and Deficit EliminationA theme 287 companies write about · 1 as a headwind · 286 as a tailwind
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  1. FY2020AchievedAnnual report

    「The company decided to reduce the amounts of its capital reserve and retained earnings reserve in order to cover the deficit in retained earnings carried forward and secure flexibility and agility in its future capital policy.」

    Following approval at the general meeting of shareholders on 26 June 2020, with effect from the same date, the company reduced its capital reserve by ¥4.731244 billion and its retained earnings reserve by ¥378.793 million to cover accumulated losses and secure flexibility in its capital policy.
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Deficit Coverage Through Reduction of Capital Reserves and the Legal Reserve | MRK HOLDINGS INC. (9980) | Komori