Adjustment of Investment Unit Through Share Consolidation and Change in Trading Unit
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
114 other companies' latest entry also says "Achieved".
- FY2018-Q2AchievedAnnual report
「Effective 1 April 2018, the company consolidated the shares held by shareholders recorded in the final shareholder registry as of 31 March 2018 at a ratio of 1 share for every 5 shares.」
The consolidation of 5 shares into 1 became effective on 1 April 2018, and the company disclosed that the consolidation had been completed. The trading unit was also changed from 1,000 shares to 100 shares. - FY2018-Q1AdvancedAnnual report
「At the annual general meeting of shareholders held on 22 December 2017, proposals to consolidate 5 common shares into 1 share and to change the trading unit were approved. Accordingly, effective 1 April 2018, the effective date of the share consolidation, the number of issued shares will change from 4,505,757 to 901,151, and the trading unit will change from 1,000 shares to 100 shares.」
Following shareholder approval of the share consolidation and change in the trading unit, the company specified the effective date of 1 April 2018 and the changes to the numbers of issued shares and shares per trading unit. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect the intent of this initiative and will change the trading unit for our common shares from 1,000 shares to 100 shares. We will also consolidate the shares so that, even after changing the trading unit, the investment unit remains within the level considered desirable by the Tokyo Stock Exchange, namely ¥50,000 or more and less than ¥500,000.」
The company resolved to consolidate 5 shares into 1 share and change the trading unit from 1,000 shares to 100 shares, effective 1 April 2018.