TOKYO, May 22 (Pulse News Wire) – Nippon Soda CO.,LTD. (4041.T) resolved today during its board meeting to reduce its capital reserve fund amount based on Article 448, Paragraph 1 of the Companies Act.
The reduction aims to ensure flexibility in future capital policies and will shift the reduced amount to other capital surplus funds. The company plans to propose this resolution at its 157th Annual General Meeting scheduled for June 26, 2026.
According to the plan, the capital reserve fund will be decreased by ¥6 billion and transferred to other capital surplus funds by ¥6 billion. Key dates for the process include: - Board Resolution Date: May 22, 2026 - Scheduled Shareholders’ Meeting Date: June 26, 2026 - Notice Publication Date for Debtor Objection: July 1, 2026 (scheduled) - Final Deadline for Debtor Objections: August 1, 2026 (scheduled) - Effective Date: August 31, 2026 (scheduled) This adjustment involves a reallocation within the equity section without impacting the company's operating profit, ordinary profit, net profit, revenue, or overall performance.
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