Source disclosure: February 10, 2026
KOURAKUEN CORPORATION [7554.T]
TOKYO, Feb 10 (Pulse News Wire) – Kourakuen Corporation (7554.T) resolved at its board meeting held, to reduce its capital reserve fund by ¥3.352 billion. The reduction is scheduled to take place on June 18, 2026, during the annual shareholders' meeting.
The purpose of the reduction, according to the company, is to enhance the flexibility of future capital policies and bolster distributable amounts, aligning with provisions under Article 448, Paragraph 1 of the Companies Act. The amount to be reduced will be transferred to surplus reserves.
The timeline for the process includes objections from creditors being filed by March 2, 2026, and finalized by April 3, 2026. The final effective date for the reduction is set for June 19, 2026.
In a statement, the company noted that this transaction involves merely reallocating funds within equity accounts and will not impact net asset value or operational performance.
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