Reduce the amounts of capital and capital surplus and transfer the reduced amounts to other capital surplus. As appropriation of surplus, transfer the same amount to retained earnings to cover deficits. The schedule is subject to shareholder meeting approval and is expected to take effect on 2027-01-12. 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As appropriation of surplus, transfer the same amount to retained earnings to cover deficits. The schedule is subject to shareholder meeting approval and is expected to take effect on 2027-01-12. The company explains there will be no change in net assets.","jir_summary":"### Overview of Capital Policy\nThis announcement notifies the submission to the annual general meeting of shareholders of a capital policy that includes a gratuitous capital reduction to decrease the amounts of capital and capital surplus for the purpose of covering deficits and transferring the reduced amounts to other capital surplus. The reduced capital surplus will be transferred to retained earnings and applied to cover deficits. No changes will be made to the number of outstanding shares or any repayments, and the total net assets are not expected to change. The resolution is predicated on approval at the shareholders meeting on 2026-11-28.\n\n### Impact on Shareholders and Outlook\nThe reduction in capital and capital surplus represents an internal reclassification and does not affect the total net assets. The transfer to retained earnings to cover deficits is planned, aiming to improve financial health and secure flexibility in capital policy. Specific dates are: board resolution on 2026-10-27, shareholders meeting resolution on 2026-11-28, and effective date scheduled for 2027-01-12.","jir_financial_highlights":"Reduction in capital: 50,000,000 yen (619,334,050 yen \u2192 50,000,000 yen decrease)\nReduction in capital surplus: 460,237,087 yen (596,334,050 yen \u2192 136,096,963 yen decrease)\nOther capital surplus: 1,029,571,137 yen (No change; the entire transferred amount will be moved to retained earnings)\nRetained earnings: 1,029,571,137 yen (Recorded the amount transferred from other capital surplus)","jir_category":"","jir_hashtags":"#HappinessAndD, #CapitalPolicy","jir_key_figures":"Reduction in capital: 50,000,000 yen\nCapital after reduction: 50,000,000 yen\nAmount of capital surplus reduction: 460,237,087 yen\nCapital surplus after reduction: 136,096,963 yen\nAmount transferred from other capital surplus: 1,029,571,137 yen\nIncrease in retained earnings: 1,029,571,137 yen","jir_meta_title":"Happiness and D Co.,Ltd. Notice of Reduction of Capital and Appropriation of Surplus | November 2026 Shareholders Meeting","jir_meta_description":"Happiness and D Co.,Ltd. will submit to the shareholders meeting a proposal to reduce capital and capital surplus and to appropriate surplus. Transfers will be made to cover deficits, with no impact on total net assets. Effective date scheduled for 2027-01-12.","jir_og_title":"Happiness and D Co.,Ltd. Notice of Reduction of Capital and Appropriation of Surplus","jir_og_description":"A proposal to reduce capital and capital surplus and to appropriate surplus will be submitted to the shareholders meeting. The transfer to cover deficits will not change total net assets; effective date is scheduled for 2027-01-12.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":61263,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-134952","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n