Stock Split to Lower the Investment Unit and Broaden the Investor Base
First written in FY2024-Q1. 1 of 3 entries say "Achieved", first in FY2024-Q2. Latest entry: FY2025.
29 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The purpose is to create an environment that makes investment more accessible by lowering the value per investment unit, thereby expanding the investor base and improving the liquidity of the Company's shares.」
The objective of lowering the investment unit and expanding the investor base through the 1 September 2023 share split continued to apply to the share structure for the current fiscal year. - FY2024-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 12 July 2023, the Company conducted a share split effective 1 September 2023.」
A 1-for-3 share split was conducted effective 1 September 2023, completing the initiative to lower the investment unit, expand the investor base and improve share liquidity. - FY2024-Q1First statedAnnual report
「The purpose is to create an environment that makes investment more accessible by lowering the value per investment unit, thereby expanding the investor base and improving the liquidity of the Company's shares. As of the record date of 31 August 2023, the Company will split its common shares at a ratio of 3 shares for every 1 common share held by shareholders recorded in the final shareholder register on that date.」
The Company resolved to conduct a 1-for-3 share split, effective 1 September 2023, to lower the investment unit, expand the investor base and improve share liquidity.