Mandarake (2652) · InitiativeAdvanced
Lowering the Investment Unit and Expanding the Investor Base through a Stock Split
First written in FY2024-Q2. 1 of 2 entries say "Advanced", first in FY2024. Latest entry: FY2024.
2entries
1years
0from disclosures
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Stock splitA theme 933 companies write about · 0 as a headwind · 922 as a tailwind
13 other companies' latest entry also says "Advanced".
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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 946 threads.Full recordFilings, disclosures and news, newest first
- FY2024AdvancedAnnual report
「1 May 2024 (Note) This resulted from a 1-for-5 stock split.」
Effective 1 May 2024, the company split 1 common share into 5 shares, increasing the number of shares issued from 7,236,000 to 36,180,000. The disclosure states that the measure to lower the investment unit was implemented. - FY2024-Q2First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily by reducing the amount required per investment unit in our shares, thereby expanding our investor base.」
Based on a resolution of the Board of Directors meeting held on 4 March 2024, the company effected a 1-for-5 stock split of its common shares on 1 May 2024. The number of shares issued increased from 7,236,000 to 36,180,000, and this is the first disclosure of a measure intended to lower the investment unit and expand the investor base.