TSURUHA HOLDINGS INC. [3391.T]
TOKYO, Apr 16 (Pulse News Wire) – TSURUHA HOLDINGS INC. (3391.T) announced today that its board of directors resolved to reduce the capital reserve fund by ¥612.1 billion and transfer the entire amount to additional paid-in capital.
This decision was made to enable more flexible capital management strategies in response to future changes in the operating environment, based on Article 448, Paragraph 1 of the Companies Act. The reduction and transfer will be proposed at the upcoming 64th ordinary shareholders' meeting scheduled for May 22, 2026.
Key dates for the process include: - Resolution by the Board of Directors: April 16, 2026 - Shareholders' Meeting: May 22, 2026 (planned) - Notice of Objection by Creditors: June 8, 2026 (planned) - Final Deadline for Objections by Creditors: July 9, 2026 (planned) - Effective Date: July 31, 2026 (planned) This adjustment involves merely reallocating accounting entries within shareholders' equity and will not affect the company's net assets or performance.
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