Reducing the Investment Unit and Improving Stock Liquidity Through a Stock Split
First written in FY2024-Q2. 1 of 2 entries say "Achieved", first in FY2024-Q3. Latest entry: FY2024-Q3.
119 other companies' latest entry also says "Achieved".
- FY2024-Q3AchievedAnnual report
「Based on the resolution of the Board of Directors dated 7 November 2023, the company conducted a stock split and partially amended its Articles of Incorporation in connection with the stock split, effective 1 January 2024. The number of issued shares before the stock split was 18,028,712, the number of shares increased through the stock split was 18,028,712, and the number of issued shares after the stock split was 36,057,424.」
Based on the resolution of 7 November 2023, the company conducted a 2-for-1 stock split effective 1 January 2024, increasing the number of issued shares from 18,028,712 to 36,057,424. - FY2024-Q2First statedAnnual report
「Through the stock split, the company aims to expand its investor base and improve the liquidity of its shares by lowering the investment unit price and creating an environment in which investors can invest more easily.」
At a meeting of the Board of Directors held on 7 November 2023, the company resolved to conduct a 2-for-1 stock split of its common shares, with 1 January 2024 as the effective date. The objectives are to lower the investment unit price, expand the investor base and improve share liquidity.