Mitsubishi Kakoki Kaisha, Ltd.
Notice Regarding Reduction of Amounts of Capital, Capital Reserve and Legal Retained Earnings
Prior to this extraordinary shareholders meeting, the amounts of capital, capital reserve and legal retained earnings will be reduced in connection with an absorbptive divestiture, and the entire amounts will be reclassified to other capital surplus or retained earnings brought forward. The reduction of capital reserve amounts to 43,000,000,000 yen, capital to 3,856,975,000 yen, and legal retained earnings to 840,382,512 yen. The effective date is scheduled for 2027-03-31, subject to the conditions for the implementation of the forthcoming share exchange and absorbptive divestiture. No direct impact on operating results is expected.
Key Figures
- Amount of reduction in capital: 3,856,975,000 yen
- Amount of reduction in capital reserve: 43,000,000,000 yen
- Amount of reduction in legal retained earnings: 840,382,512 yen
AI要約
Overview of Capital Policy
Following this extraordinary shareholders meeting, the amounts of capital, capital reserve and legal retained earnings will be reduced, and the reduced amounts will be reclassified to other capital surplus or retained earnings brought forward, respectively. This is intended to secure greater agility and flexibility in future capital policy. The approvals of the absorbptive divestiture agreement and the share exchange agreement as proposed are conditions precedent, and the effective date will be 2027-03-31 (scheduled) or a later amended date.
Future Schedule and Impact
The extraordinary shareholders meeting is scheduled for 2026-12-04. After the creditors' objection filing period, the reductions will take effect in conjunction with the implementation of the absorbptive divestiture and share exchange. The reductions will not affect net assets on the balance sheet and are described as having no direct impact on operating results. However, the enhanced flexibility of capital policy is an important point for shareholders.
Mitsubishi Kakoki Kaisha, Ltd.
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