Iwatsuka Confectionery (2221) · InitiativeAchieved
Lowering the Investment Unit Through a Stock Split and Expanding the Investor Base
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
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- FY2025-H1AchievedAnnual report
「1 April 2024 (Note) 5,995,000 11,990,000 － 1,634,750 － 1,859,250 (Note) This resulted from a stock split (1:2).」
The 1-for-2 stock split of common shares effective 1 April 2024 had been completed, as confirmed by the increase in the total number of issued shares from 5,995,000 to 11,990,000. - FY2024-Q3First statedAnnual report
「The purpose is to improve the liquidity of the company's shares and expand its investor base by conducting a stock split to lower the investment amount per trading unit and create an environment in which investors can invest in the company's shares more easily.」
The company resolved to split its common shares into 2 shares for every 1 share, with 31 March 2024 as the record date and 1 April 2024 as the effective date. The purposes are to lower the investment amount per trading unit, improve share liquidity and expand the investor base.