TOKYO, May 25 (Pulse News Wire) – SMK Corporation (6798.T) resolved today through a special resolution under Article 370 of the Companies Act to propose transferring part of its additional reserve funds to carryover surplus reserves at its upcoming 104th Ordinary General Meeting of Shareholders scheduled for May 25, 2026. The company plans to reduce its additional reserve fund by ¥2 billion and increase its carryover surplus reserves by ¥2 billion.
This measure aims to ensure stable dividend payments to shareholders. The effective date for this action is set for June 23, 2026, contingent upon approval during the general meeting.
The transaction involves merely reallocating items within the equity section of the balance sheet and will not impact net assets or operating performance.
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