Source disclosure: February 26, 2026, 16:00 JST
Nippon Denko Co.,Ltd. [5563.T]
TOKYO, Feb 26 (Pulse News Wire) – Nippon Denko CO.,LTD. (5563.T) announced today that its board of directors has resolved to propose a reduction in capital reserves at its upcoming shareholders meeting scheduled for March 27, 2026.
The purpose of the proposed reduction, according to the company, is to enhance flexibility in future capital policy. Under the plan, the amount of capital reserve will be reduced by ¥12.00 billion from ¥17.03 billion to ¥5.030 billion.
The reduction will be transferred to other capital surplus accounts. Key dates for the process include: - Board resolution date: February 26, 2026 - Shareholders' meeting date: March 27, 2026 (planned) - Notice publication date for creditors’ objections: April 15, 2026 (planned) - Final deadline for creditor objections: May 15, 2026 (planned) - Effective date: May 18, 2026 (planned) The company stated that this adjustment will merely involve reallocating items within the equity section without affecting the overall net asset value or performance metrics.
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