Share Consolidation Accompanying the Standardization of the Trading Unit at 100 Shares
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
117 other companies' latest entry also says "Achieved".
- FY2018-Q2AchievedAnnual report
「Following the resolution of the 63rd Annual General Meeting of Shareholders held on 23 June 2017, the Company carried out a share consolidation at a ratio of 5 shares to 1 share, effective 1 October of the same year. As a result, the total number of issued shares as of the filing date decreased by 9,040,000 shares to 2,260,000 shares. In addition, based on a resolution of the Board of Directors meeting held on 10 May of the same year, the number of shares constituting one trading unit was changed from 1,000 shares to 100 shares effective 1 October of that year.」
The share consolidation and the change in the number of shares constituting one trading unit from 1,000 shares to 100 shares were completed effective 1 October 2017. - FY2018-Q1AdvancedAnnual report
「At the 63rd Annual General Meeting of Shareholders held on 23 June 2017, a resolution was passed and approved to consolidate the Company's common shares at a ratio of 5 shares to 1 share, effective 1 October 2017. It was also resolved that the total number of authorized shares would be changed from 39,000,000 shares to 7,800,000 shares on the effective date of the share consolidation.」
The share consolidation was approved at the Annual General Meeting of Shareholders held on 23 June 2017. With an effective date of 1 October 2017, the plan to consolidate 5 shares into 1 share moved to the implementation stage. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, the Company respects the purpose of this initiative and will change the trading unit for its shares, or the number of shares constituting one unit, from the current 1,000 shares to 100 shares. In conjunction with this change, the Company will conduct a share consolidation after taking into account the price level of the trading unit and medium- to long-term share-price movements.」
In line with the aim of improving investor convenience and standardizing trading units, the plan states that the number of shares constituting one unit would change from 1,000 shares to 100 shares on 1 October 2017, and that 5 shares would be consolidated into 1 share.