Stock Split to Lower the Investment Unit and Improve Liquidity
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2024.
116 other companies' latest entry also says "Achieved".
- FY2024AchievedAnnual report
「Effective 1 April 2024, the company conducted a 5-for-1 share split, with each share of common stock held by shareholders listed or recorded in the final shareholder register as of 31 March 2024 split into 5 shares.」
A 1-for-5 stock split was carried out with effect from 1 April 2024 to lower the investment unit, broaden the investor base and improve share liquidity. The total number of issued shares increased from 1,794,000 to 8,970,000. - FY2024-Q3First statedAnnual report
「The purpose of the share split is to lower the amount required per investment unit, create an environment in which investors can invest more easily, expand the investor base and improve the liquidity of the company’s shares. Effective 1 April 2024, the company will conduct a 5-for-1 share split, with each share of common stock held by shareholders listed or recorded in the final shareholder register as of 31 March 2024 split into 5 shares. Number of shares issued after the share split: 8,970,000 shares Effective date: 1 April 2024 (scheduled)」
The company resolved to conduct a 5-for-1 share split effective 1 April 2024 to lower the investment unit, expand the investor base and improve share liquidity. The number of shares issued is expected to increase from 1,794,000 to 8,970,000.