Source disclosure: February 27, 2026, 16:00 JST
PEPPER FOOD SERVICE CO.,LTD. [3053.T]
TOKYO, Feb 27 (Pulse News Wire) – Pepper Food Service CO.,LTD. (3053.T) resolved at its board meeting held, to propose a capital surplus distribution plan aimed at offsetting accumulated deficits and enhancing financial stability at its upcoming 41st Annual General Meeting scheduled for March 26, 2026.
Under the plan, based on Article 452 of the Companies Act, the company intends to allocate ¥85.8 million from its existing capital surplus of ¥3.461 billion to increase the carried-forward profit reserve. This move seeks to bolster the company's financial health while ensuring flexibility in future capital policies.
Key details of the resolution include: - Reduction in Other Capital Surplus: ¥85.8 million - Increase in Carried-Forward Profit Reserve: ¥85.8 million The effective date for this adjustment is set for March 26, 2026, contingent upon approval during the annual general meeting. This transaction involves a reallocation within shareholders' equity accounts without altering total equity value or impacting the company’s profitability.
This measure underscores Pepper Food Service's commitment to maintaining robust financial management and strategic planning for sustainable growth.
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