TOKYO, May 21 (Pulse News Wire) – Yamaki CO.,LTD. (3598.T) resolved today during its board meeting to propose reducing capital reserves and reallocating surplus funds at its upcoming 74th Annual General Meeting scheduled for June 25, 2026.
The reduction aims to enhance the flexibility of future capital policies. According to the Company Law Article 448, Part 1, Yamaki plans to decrease its capital reserve amount by ¥500 million out of ¥960.7 million. The entire reduced amount will be transferred to additional capital surplus.
Additionally, based on Article 452, part of the reallocated additional capital surplus totaling ¥631.8 million will be shifted to carried-forward profit surplus. The schedule includes the board resolution date of May 21, 2026, the shareholders' meeting date of June 25, 2026, creditor objection notice publication on June 30, 2026, final creditor objection deadline on July 31, 2026, and the effective date set for August 31, 2026. This move involves transferring balances within the equity section without altering total equity or impacting performance.
Approval at the annual general meeting on June 25, 2026, is conditional for implementation.
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