Perpetuals.com Ltd announced an Extraordinary General Meeting to approve a reduction of stated capital from 204,539,766 yen to 10,000,000 yen, transferring the difference to other capital surplus with no impact on net assets per share.
Key takeaways
Shareholders will vote on Proposal No. 1 to reduce stated capital by 203,539,766 yen at the Extraordinary General Meeting on April 30, 2026.
The entire reduction amount will be transferred to other capital surplus, resulting in a final stated capital of 10,000,000 yen.
The proposal involves no refund to shareholders and will not change the total number of issued shares or net assets per share.
The Board of Directors recommends a vote FOR the Reduction of Stated Capital proposal.
The reduction aims to ensure flexibility for future capital policy pursuant to Article 447 of the Companies Act.