SANKEI REAL ESTATE Inc. [2972.T]
TOKYO, Apr 28 (Pulse News Wire) – SANKEI REAL ESTATE Inc. (2972.T) announced today that its board of directors had approved an unpaid capital reduction aimed at addressing unprocessed losses incurred during the fiscal year ending February 28, 2026.
In a resolution made at today's board meeting, the company decided to process the unaddressed losses from the fiscal year ending February 28, 2026 through an unpaid capital reduction. The purpose of this measure is to prevent the carryover of losses into future periods and ensure that profit distribution becomes feasible again starting from the next fiscal period beginning April 28, 2026. Specifically, the company plans to reduce the total amount of paid-in capital by the sum of unprocessed losses recorded in the fiscal year ending February 28, 2026, which stands at ¥4.009 billion.
This adjustment will be implemented without affecting the total number of outstanding investment units. The reduction will take effect upon approval by the board of directors based on the Investment Trust and Investment Corporation Act. The revised calculation reflecting this unpaid capital reduction will be included in the financial statements related to monetary distributions for the fiscal year ending February 28, 2026, as detailed in the interim report released today.
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