Increase in companies that will become “small and medium-sized” companies with reduced capital

k10012048431_201908260535_201908260544.mp4

Recently, there are an increasing number of “reduced capital” companies that reduce capital among retailers such as supermarkets. The Ministry of Economy, Trade and Industry will respond strictly because it may be aimed at becoming a small and medium-sized enterprise that is subject to the point reduction system accompanying the increase in the consumption tax rate.

According to Teikoku Databank, a private credit research company, the number of retailers that announced “reduced capital” to reduce the amount of capital reached 412 by the end of last month, 1.6 times that of the same period last year. It is the fastest pace of the year.

In particular, the case where the capital is reduced to 50 million yen or less to become a legal SME is conspicuous.

The point reduction system implemented in conjunction with the increase in the consumption tax rate in October is limited to retail stores that meet conditions such as capital of 50 million yen or less.

Although a capital reduction may lead to a decline in the creditworthiness of the company, it has been pointed out that a company that believes that it is more beneficial to be eligible for the system may reduce its capital.

The Ministry of Economy, Trade and Industry is concerned with the reliability of the system, and it is a policy to strictly respond such as requesting the return of subsidies when it becomes clear that the target is to reduce capital.