TOKYO, May 26 (Pulse News Wire) – Archion Corporation (543A.T) announced today that its board of directors has resolved to reduce capital reserve and transfer the amount to other reserves ahead of the scheduled annual general meeting on June 26, 2026. The purpose of this reduction and transfer, effective as of April 01, 2026, is to enhance flexibility and agility in post-reorganization capital policy following a share exchange with Nissan Motor Co., Ltd.
And a share issuance to Mitsubishi Fuso Truck and Bus Corporation. According to Article 448(1) of the Companies Act, the company plans to decrease its capital reserve by ¥433.1 billion (estimated) and fully transfer the reduced amount to other capital surplus.
The timeline includes a creditors' objection notice publication date of July 14, 2026, a final creditors' objection deadline of August 14, 2026, and an anticipated effective date of September 14, 2026. This transaction involves a reclassification within shareholders' equity accounts and will not impact the company's net assets or performance.
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