{"id":147342,"date":"2026-11-10T18:56:05","date_gmt":"2026-11-10T09:56:05","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9399-20261110-01_wp_capital_policy\/"},"modified":"2026-11-10T18:56:05","modified_gmt":"2026-11-10T09:56:05","slug":"9399-20261110-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/","title":{"rendered":"Notice Regarding Capital Reduction"},"content":{"rendered":"<p>A capital reduction will be proposed at the general meeting of shareholders to reduce the paid-up capital per ordinary share from 0.1 HKD to 0.001 HKD. Shares will be consolidated into new shares via a share split, balances will be transferred to distributable reserves to secure flexibility for future dividends and capital management, and flexibility in pricing for future share issuances will be enhanced. Implementation is scheduled for early 2027. There will be no change in the total number of issued shares or shareholders&#8217; ownership percentages.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9399","jir_company_name":"Beat Holdings Limited","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/9399-20261110-01.pdf","jir_short_summary":"A capital reduction will be proposed at the general meeting of shareholders to reduce the paid-up capital per ordinary share from 0.1 HKD to 0.001 HKD. Shares will be consolidated into new shares via a share split, balances will be transferred to distributable reserves to secure flexibility for future dividends and capital management, and flexibility in pricing for future share issuances will be enhanced. Implementation is scheduled for early 2027. There will be no change in the total number of issued shares or shareholders' ownership percentages.","jir_summary":"### Overview of Capital Policy\nToday, the Board of Directors resolved to propose a reduction of the amount of share capital (capital reduction) at the forthcoming annual general meeting. The purposes of the capital reduction are to offset accumulated losses, to secure flexibility in finances and dividend policy after capital restructuring, and to improve flexibility in pricing for future share issuances. Implementation is subject to satisfying the requirements under Cayman Islands law.\n\n### Outlook and Impact\nAfter the capital reduction, there will be no change to the total number of issued shares or to shareholders' rights and ownership percentages, and the current memorandum and articles of association will be maintained. No direct impact on operating performance is expected from the capital reduction. Credit balances will be transferred to distributable reserves and used for future dividends and other distributions. The implementation timeline is scheduled for early 2027, and the company is awaiting receipt of the formal certificate.","jir_financial_highlights":"Par value of issued ordinary shares: 0.1 HKD \u2192 0.001 HKD (Reduction)\nNumber of shares after share split: Unknown (Split into new shares)\nTotal issued share capital: approx. 18,333,557.76 HKD \u2192 approx. 183,335.57 HKD (Decrease)","jir_category":"","jir_hashtags":"#NotIRforBeatHoldingsLimited","jir_key_figures":"Par value of issued ordinary shares: 0.1 HKD \u2192 0.001 HKD\nIssued share capital: approx. 18,333,557.76 HKD \u2192 approx. 183,335.57 HKD\nShare split into new shares: split into 100 shares each (overview of share split)","jir_meta_title":"Beat Holdings Limited Announces Capital Restructuring with Capital Reduction | Scheduled Early 2027","jir_meta_description":"Beat Holdings Limited will implement a capital reduction as a capital policy. By significantly reducing par value and conducting a share split, the company aims to offset accumulated losses and secure flexibility for future dividends and capital management. Implementation is scheduled for early 2027.","jir_og_title":"Beat Holdings Limited Announces Capital Restructuring with Capital Reduction | Early 2027","jir_og_description":"Under Cayman Islands law, par value will be reduced from 0.1 HKD to 0.001 HKD and shares consolidated into new shares. The company plans to strengthen financial flexibility by transferring balances to distributable reserves.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58605,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-147342","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Capital Reduction - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/\",\"name\":\"Notice Regarding Capital Reduction - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-11-10T09:56:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice Regarding Capital Reduction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice Regarding Capital Reduction - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/","url":"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/","name":"Notice Regarding Capital Reduction - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-11-10T09:56:05+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-9399\/ir\/9399-20261110-01_wp_capital_policy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Notice Regarding Capital Reduction"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"58605","title":"BEAT HOLDINGS LTD","ticker":"9399"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/147342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=147342"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/147342\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=147342"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=147342"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=147342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}