KADOKAWA announced on May 23, 2024, that it will reduce its capital reserves by 30 billion yen, reallocating the funds to other capital surplus. The company’s capital reserves will decrease from 40,624,886,625 yen to 10,624,886,625 yen. Despite this adjustment, the overall net assets of the company remain unchanged.
The effective date for this capital reallocation is set for July 9, pending approval at the annual general meeting of shareholders.
KADOKAWA stated that this strategic move is intended to enhance its financial flexibility and elasticity, preparing the company for more adaptable and responsive capital policies in the future. This reallocation is part of KADOKAWA’s broader strategy to optimize its financial management and support sustainable growth.
