TOKYO, May 08 (Pulse News Wire) – NPT CO.,LTD. (311A.T) resolved today to propose reducing its capital stock and reserve fund amount at a special shareholders' meeting scheduled for June 30, 2026.
Based on the company's current operations and financial status, the reduction aims to ensure future financial stability and flexibility in capital policy. The capital stock will be reduced from ¥579.2 million to ¥10 million, while the reserve fund will decrease from ¥578.9 million to ¥0. Both reductions will be transferred entirely to additional paid-in capital according to the Companies Act. The company’s CEO, Kenichiro Harada, stated that this adjustment involves transferring balances within equity accounts and will not affect the total net assets or outstanding shares.
Approval of the proposals at the upcoming shareholders’ meeting is conditional for the measures to take effect. Key dates for the process include a creditors' objection notice publication on June 30, 2026 and the final deadline for creditor objections on July 29, 2026. The effective date of the changes is tentatively set for August 04, 2026. This move is expected to maintain the company’s financial health without impacting its operational performance.
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