TOKYO, May 27 (Pulse News Wire) – Infcurion,inc. (438A.T) resolved at its board meeting held on May 27 to reduce capital reserve and allocate surplus funds, which will be presented for approval at its annual shareholders' meeting scheduled for June 25, 2026.
The purpose of this resolution is to address accumulated losses and improve financial health while ensuring flexibility in capital policy and strategy. Specifically, the company plans to decrease its capital reserve amount based on Article 448(1) of the Companies Act and reallocate it to additional capital surplus. Additionally, according to Article 452 of the Companies Act, part of the increased additional capital surplus will be used to cover accumulated losses.
Details of the reduction include: - Reduction in capital reserve amount: ¥3.338 billion - Increase in additional capital surplus: ¥3.338 billion - Post-reduction capital reserve amount: ¥500 million Furthermore, should any outstanding subscription rights be exercised prior to their expiration date, there could be fluctuations in the pre- and post-reduction capital reserve amounts; however, the reduction amount itself remains unchanged. Regarding the allocation of surplus funds: - Decrease in additional capital surplus: ¥540.2 million - Increase in retained earnings: ¥540.2 million Key dates for this process are as follows: - Board resolution date: May 27, 2026 - Annual shareholders' meeting: June 25, 2026 (scheduled) - Notice publication date: July 14, 2026 (scheduled) - Final objection deadline: August 14, 2026 (scheduled) - Effective date: August 17, 2026 (scheduled) This adjustment involves a reclassification within equity accounts and does not affect total net assets or the number of shares outstanding, thus leaving per-share net asset value unaffected. Moreover, it will have no impact on the company's performance.
Approval by the shareholders' meeting on June 25, 2026, is conditional for implementation.
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