TOKYO, May 25 (Pulse News Wire) – Landix Inc. (2981.T) announced today that its board of directors has resolved to reduce the company's capital stock amount ahead of the scheduled 26th Ordinary General Meeting of Shareholders on June 25, 2026.
The reduction aims to maintain financial stability through appropriate tax treatment aligned with the current business scale, ensuring flexibility and agility in future capital policies. Under the provisions of Article 447, Paragraph 1 of the Companies Act, the company plans to decrease its capital stock from ¥501.1 million to ¥300 million. Specifically, ¥201.1 million will be reduced. This adjustment does not affect the total equity, number of outstanding shares, or per-share net assets.
Any changes to the capital stock amount and post-reduction amount could occur if stock options or other subscription rights are exercised prior to the effective date. The schedule for the capital reduction includes the resolution by the board of directors; the shareholders' meeting decision on June 25, 2026; creditor objection notice publication on July 15, 2026; final creditor objection deadline on August 20, 2026; and the effective date set for September 15, 2026. This reorganization involves transferring the entire reduced capital stock amount to additional paid-in capital without altering the number of outstanding shares. The move is contingent upon approval at the upcoming general meeting and is expected to have no impact on the company’s performance or equity structure.
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