TOKYO, Jun 25 (Pulse News Wire) – Feedforce Group Inc. (7068.T) announced that its board of directors resolved on June 25 to propose a reduction in capital at its upcoming 21st ordinary shareholders' meeting scheduled for August 21, 2026.
The move aims to enhance flexibility and agility within the company's capital policy as part of its broader financial strategy. Under the proposal, the company plans to decrease its capital stock from ¥41.1 million to ¥10 million. As per Article 447, Paragraph 1 of the Companies Act, the reduced amount will be transferred to additional paid-in capital, leaving the total net assets unchanged. Shareholders’ equity and shareholding ratios will remain unaffected.
The timeline for the proposed reduction includes a creditors' objection notice on July 16, 2026, and a final deadline for creditor objections on August 17, 2026. The effective date of the reduction is set for October 1, 2026, subject to approval at the shareholders' meeting. This adjustment involves merely reallocating funds within the balance sheet’s equity section without altering the overall net asset value. The company emphasized that the plan hinges on shareholder approval during the scheduled meeting on August 21, 2026.
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