TOKYO, May 14 (Pulse News Wire) – 3739.T decided to reduce capital and surplus reserves and dispose of retained earnings at its board meeting held today. The measures aim to address a deficit of ¥1.133 billion in carried-forward profits and improve the company's financial health ahead of future growth opportunities.
Specifically, the company plans to decrease its capital stock from ¥1.205 billion to ¥50 million and cut its reserve fund from ¥636.6 million to ¥50 million. All reductions will be transferred to other capital reserves.
Additionally, under the Companies Act, the firm intends to allocate ¥1.133 billion from other capital reserves to cover the deficit, thereby turning the carried-forward profit deficit positive. Key dates for the process include: - Shareholders' meeting resolution date: June 23, 2026 (expected) - Bondholder objection notice publication date: June 30, 2026 (expected) - Final bondholder objection deadline: July 30, 2026 (expected) - Effective date: July 31, 2026 (expected) The company expects no impact on equity or performance from these changes, contingent upon approval at the annual shareholders' meeting scheduled for June 23, 2026.
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