Tokio Marine Holdings, Inc. [8766.T]
TOKYO, May 20 (Pulse News Wire) – Tokio Marine Holdings,inc. (8766.T) resolved today during its board meeting to reduce its capital reserve amount at its upcoming 24th annual shareholders' general meeting scheduled for June 29, 2026.
The reduction aims to ensure flexibility in future capital policy, transferring part of the capital reserve to other surplus reserves based on Article 448, Paragraph 1 of the Companies Act. Specifically, the company plans to decrease its capital reserve by ¥1.47 trillion and reallocate the same amount to other surplus reserves.
The schedule includes a creditors' objection notice publication date set for July 7, 2026, and the final deadline for creditor objections on August 7, 2026. The effective date of the reduction is anticipated to be August 31, 2026.
In terms of impact, the move involves merely reallocating accounting items within the equity section without altering total equity or affecting performance metrics such as operating profit, ordinary profit, net profit, or revenue.
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