Share consolidation and changes to the trading unit
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2018-Q2.
114 other companies' latest entry also says "Achieved".
- FY2018-Q2AchievedAnnual report
「Effective 1 October 2017, the company conducted a share consolidation at a ratio of 1 share for every 2 common shares. As a result, the total number of issued shares decreased by 22,981,902 to 22,981,901 shares. At a meeting of the Board of Directors held on 11 May 2017, a resolution was passed to amend the Articles of Incorporation in connection with the share consolidation. As a result, effective on the share consolidation date of 1 October 2017, the number of shares in a unit changed from 1,000 to 100.」
The share consolidation and the change in the number of shares in a unit from 1,000 to 100 were implemented effective 1 October 2017. - FY2018-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 11 May 2017, we resolved to change the number of shares in a unit and partially amend the Articles of Incorporation. At the same meeting, we also resolved to submit the share consolidation to the 88th Annual General Meeting of Shareholders held on 29 June 2017. The proposal was approved at that meeting, and the consolidation will take effect on 1 October 2017.」
The approval of the share consolidation and change in the number of shares in a unit at the Annual General Meeting of Shareholders, as well as the effective date of 1 October 2017, have been reconfirmed. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect the purpose of this initiative and will change the number of shares in a trading unit for our common shares from 1,000 to 100. In addition, taking into account the investment unit value considered desirable by the stock exchange, of at least ¥50,000 and less than ¥500,000, we will conduct a share consolidation. Effective 1 October 2017, 2 common shares will be consolidated into 1 share.」
The plan to change the trading unit to 100 shares and consolidate 2 shares into 1 share on 1 October 2017 has been approved, taking into account the investment unit value.