Source disclosure: January 14, 2026
KAWAKAMI PAINT MANUFACTURING CO.,LTD. [4616.T]
TOKYO, Jan 14 (Pulse News Wire) – Kawakami Paint Manufacturing CO.,LTD. (4616.T) announced today that its board of directors has resolved to propose a reduction in capital at its upcoming 111th Ordinary General Meeting scheduled for February 20, 2026.
The purpose of the reduction is to maintain the health of the company's financial status and ensure flexibility and agility in its capital policy, considering its current business scale. According to Article 447, Paragraph 1 of the Companies Act, the company plans to decrease its capital stock amount by ¥400 million out of ¥500 million. This reduction will be,, The timeline for the reduction includes a creditors' objection notice publication date set for March 30, 2026 and a final deadline for creditor objections on May 1, 2026.
The effective date of the reduction is expected to be June 1, 2026. This move involves a reclassification within shareholders' equity and will not affect the company’s net assets or issued share count. Approval from the shareholders at the general meeting on February 20, 2026, is conditional for the implementation of this plan.
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