Gunosy to Reduce Capital Reserve Fund Amid Long-Term Dividend Strategy

TOKYO, Jul 15 (Pulse News Wire) – Gunosy Inc. (6047.T) resolved at its July 15 board meeting to reduce its capital reserve fund entirely and reallocate the amount to additional capital surplus ahead of its scheduled 14th Ordinary General Meeting of Shareholders on August 26.

The reduction aims to bolster distributable earnings and ensure long-term stable dividend payments while enhancing flexibility in capital policy. Specifically, the company plans to decrease its capital reserve fund from ¥4.099 billion to ¥0.

Key dates for the process include a creditors' objection notice publication date set for September 7 and a final deadline for creditor objections on October 7, with the measure taking effect on October 16. This adjustment involves merely reallocating accounting items within shareholders' equity and will have no impact on the company's net assets or performance.