Source disclosure: January 15, 2026
TOKYO BOARD INDUSTRIES CO.,LTD. [7815.T]
TOKYO, Jan 15 (Pulse News Wire) – Tokyo Board Industries CO.,LTD. (7815.T) corrected its previous announcement regarding the reduction of capital and distribution of surplus funds.
The correction pertains to the handling of additional reserve funds, which was misinterpreted according to accounting standards. Previously, the company stated it would transfer the entire amount of additional reserves, totaling ¥121 million, along with another reserve fund of ¥1.800 billion, to the carried-forward profit surplus account.
However, the revised statement now clarifies that only the additional reserve fund of ¥1.800 billion will be transferred to the carried-forward profit surplus account. Under the corrections, the items and amounts involved in the reduction of surplus funds areas follows: - Decreasing surplus funds: Additional reserve fund of ¥1.800 billion And the increased surplus funds are: - Carried-forward profit surplus: ¥1.800 billion The company asserts that this revision does not affect previously published notices.
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