Number Nine cuts stated capital by 249 million yen
The manga IP publisher filed the capital reduction in the official gazette dated November 2, alongside a 639 million yen cut to capital reserve.
Number Nine, a publisher of manga intellectual property, disclosed a reduction of its stated capital and reserve amounts in the official gazette dated November 2, according to gamebiz.jp.
The company will cut its stated capital by 249 million yen and transfer the full amount to capital reserve. It will also reduce its capital reserve by 639 million yen.
The notice appeared in the official gazette, the government publication used for statutory corporate disclosures in Japan.
Quick answers
How much is Number Nine reducing its stated capital by?
Number Nine will reduce its stated capital by 249 million yen, with the full amount transferred to capital reserve, according to its gazette notice dated November 2.
What else did Number Nine announce?
Alongside the capital reduction, the company will reduce its capital reserve by 639 million yen.