Adjusting the investment unit through a reverse stock split and a change in the trading unit
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2017.
52 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「Effective 1 October 2016, the company consolidated common shares at a ratio of 10 shares into 1 share.」
The completed share consolidation is reiterated in the notes on the number of shares and per-share metrics. - FY2017-Q3RestatedAnnual report
「Effective 1 October 2016, the company consolidated common shares at a ratio of 10 shares into 1 share.」
The completed share consolidation is reiterated in the note on the calculation of earnings per share. - FY2017-Q2AchievedAnnual report
「Based on resolutions of the Board of Directors meeting held on 13 May 2016 and the 77th Annual General Meeting of Shareholders held on 27 June of the same year, the Company changed the number of shares per trading unit from 1,000 shares to 100 shares and consolidated its shares at a ratio of 10 shares to 1 share, effective 1 October of the same year.」
The change in the number of shares per trading unit and the share consolidation were implemented effective 1 October 2016. - FY2017-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2016, the Company resolved to amend part of its Articles of Incorporation in connection with changing the number of shares per trading unit from 1,000 shares to 100 shares, effective 1 October 2016. It also resolved to submit a proposal to the 77th Annual General Meeting of Shareholders, held on 27 June 2016, concerning a share consolidation at a ratio of 10 shares to 1 share, effective 1 October 2016. The proposal was approved and adopted at that meeting.」
Shareholders approved the change in the number of shares per trading unit and the share consolidation. The effective date was 1 October 2016, marking progress toward implementing the plan. - FY2016First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, the Company respects the purpose of the applicable rules and will change the number of shares per trading unit of its common stock from 1,000 shares to 100 shares. In addition, to bring the investment unit of the Company's shares within the level considered desirable by the stock exchange, namely at least ¥50,000 and less than ¥500,000, the Company will consolidate its shares at a ratio of 10 shares to 1 share.」
The plan states that, effective 1 October 2016, the number of shares per trading unit will change from 1,000 shares to 100 shares and 10 shares will be consolidated into 1 share.