Toa (1885) · InitiativeAchieved
Lowering the Investment Unit and Expanding the Investor Base Through a Stock Split
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
2entries
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Stock SplitA theme 1067 companies write about · 0 as a headwind · 1056 as a tailwind
117 other companies' latest entry also says "Achieved".
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Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 1080 threads.Full recordFilings, disclosures and news, newest first
- FY2025-H1AchievedAnnual report
「Effective 1 April 2024, we conducted a 4-for-1 share split of our common shares.」
The 4-for-1 stock split resolved in FY2024-Q3 was implemented effective 1 April 2024. - FY2024-Q3First statedAnnual report
「The purpose is to lower the amount per investment unit by splitting the shares, improve the liquidity of the Company's shares and broaden its investor base. With 31 March 2024 (Sunday), effectively 29 March 2024 (Friday), as the record date, the Company will conduct a 4-for-1 stock split of each common share held by shareholders listed or recorded in the final shareholder register on that date.」
At the Board of Directors meeting held on 8 February 2024, the Company resolved to conduct a 4-for-1 stock split, effective 1 April 2024. The number of issued shares will increase from 22,494,629 to 89,978,516, and the total number of authorized shares is scheduled to be changed to 240 million.