「募集株式」制度の意味 -自己株式と取締役會(huì)の権限-

1、【focus！】6/27 at the shareholders’ meeting of Toshiba,President Amikawa says,Reducing capital will allow us to make dividends and buy back issued shares in order to encourage our performance.,,,ROE（return on ｅｑｕｉｔｙ）,curr

2、ent annual number of profit　 ÷　 issued shares　ROE＝　　　＿＿＿＿＿＿＿＿＿＿＿＿　　　　　　　　　shareholders’ number of equi

3、ty ÷ issued shares①　What the meaning of green square?② Why divided by the number of issued shares?,The relationship between capital and profit,,Capital,capital means initial collected money.,＊ini

4、tial situation at the birth,,,＊from next year…,Initial capital,reservation legal capital surplus legal retained earnings voluntary reserve,,,How does the “factual capital” works?,capital,current annual

5、profit,Shareholders’ equity,Think about the shareholders,Divide to 3,Divide to 5,Which size do they feel best?,Divide to 10,The corporation buy back its shares by the reservation.,If the corporation has issued to many sh

6、ares, shareholders do not feel quite happy.Even if the corporation is profitable, they have to divide all the profit by so many shares !That leads to reduce the number of share.If the corporation buys issued shares by

7、 the purple reservation, ① and ② will be both achieved !,Is it possible to buy back its shares by the red capital?,No-refund rule !To protect corporate creditors.　However if the board of directors has collected too mu

8、ch capital, is it better to return a part of capital because directors can not use whole of capital effectively.That leads to buy shares by the red capital.* Is it possible to refund capital by the dividends ?,So nowa