On December 20, 2024, during the Annual General Meeting of Shareholders, a resolution was passed to reduce the amount of capital as described below.
1. Purpose
The purpose of this capital reduction is to promote flexible and efficient corporate management.
2. Amount of Capital Reduction
The capital amount before the reduction was 375,421,500 yen, of which 275,421,500 yen was reduced, resulting in a post-reduction capital amount of 100,000,000 yen.
3. Method of Capital Reduction
The number of issued shares remains unchanged, and the reduced capital amount of 275,421,500 yen will be transferred entirely to additional paid-in capital.