Nippon Denko Co., Ltd.
Notice Regarding Reduction of Capital Reserve
A resolution to reduce the capital reserve by JPY 12,000,000,000 from JPY 17,030,203,270 to JPY 5,030,203,270 is scheduled to be approved at the shareholders meeting on March 27, 2026.
Key Figures
- Capital Reserve Amount: JPY 17,030,203,270
- Reduction Amount: JPY 12,000,000,000
- Effective Date: Scheduled for May 18, 2026
AI要約
Overview of Capital Reserve Reduction
Shin Nihon Denkō Corporation has decided to propose the reduction of its capital reserve at the 126th Annual General Shareholders Meeting scheduled for March 27, 2026. Specifically, it plans to reduce JPY 12,000,000,000 from the capital reserve of JPY 17,030,203,270, resulting in a remaining capital reserve of JPY 5,030,203,270. The reduced amount will be transferred to other capital surplus and processed in accordance with Article 448, Paragraph 1 of the Companies Act.
Future Schedule and Outlook
The board resolution date is February 26, 2026; the shareholders meeting resolution date is scheduled for March 27, 2026; the public notice period for creditors’ objections is scheduled for April 15, 2026; and the effective date is expected to be May 18, 2026. This transaction is an account reclassification within net assets and does not affect net asset amounts or business performance. It is a measure to execute capital policy flexibly and promptly moving forward.
