Notice
April 2025
Taiyo Kogyo Corporation
Notice of Capital Reduction
We hereby announce that at the Ordinary General Meeting of Shareholders held on March 26, 2025, the Company resolved to reduce the amount of capital stock as follows.
Purpose of the capital reduction
The purpose of the capital reduction is to maintain financial soundness through the application of appropriate taxation and to ensure flexibility and mobility of capital policy.
2. Capital Reduction Procedures
(1) Amount of capital to be reduced
The amount of capital stock of 2,570,593,000 yen is reduced by 2,470,593,000 yen to 100,000,000 yen.
(2) Method of capital reduction
The entire amount of capital to be reduced shall be transferred to other capital surplus.
Schedule for capital reduction
| (1) | Date of resolution of the General Meeting of Shareholders | March 26, 2025 |
| (2) | Effective date of capital reduction | May 31, 2025 (scheduled) |
4. other
This transaction is a transfer between accounts in the net assets section and will not cause any change in the Company’s net assets and will have no impact on the Company’s business performance.
and above
Public Relations Department, Taiyo Kogyo Corporation Phone: 06-6306-3033