Source disclosure: January 29, 2026
NCXX Group Inc. [6634.T]
TOKYO, Jan 29 (Pulse News Wire) – NCXX Group Inc. (6634.T) resolved today to reduce its capital reserve and allocate surplus funds, which will be presented for approval at its 42nd Annual General Meeting scheduled for February 25, 2026.
The reduction aims to offset accumulated losses and enhance the company's financial health while ensuring flexibility in future capital policies. As per the resolution, the company plans to decrease its capital reserve amounting to ¥4.312 billion by ¥2.014 billion, leaving it at ¥2.298 billion. This adjustment will be made according to Article 448 of the Companies Act, transferring the reduced capital reserve to other capital surplus. Additionally, the company intends to reallocate other capital surplus totaling ¥4.742 billion to retained earnings, increasing the latter by ¥4.742 billion.
This move complies with Article 452 of the Companies Act, contingent upon the effectiveness of the capital reserve reduction. The board approved these measures, with the shareholders' meeting set for February 25, 2026, and the effective date anticipated for February 28, 2025. Due to the conditions outlined in Article 449 of the Companies Act, creditor objection procedures will not arise. Looking ahead, the company expects no impact on net assets or profits, as the changes involve merely reallocating accounts within the equity section.
Approval from the upcoming annual general meeting remains conditional for implementation.
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