Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2024-Q2.
119 other companies' latest entry also says "Achieved".
- FY2024-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 1 June 2023, the Company conducted a stock split effective 1 October 2023.」
The planned stock split effective 1 October 2023, under which 1 share became 3 shares, was completed, concluding the measures to lower the investment unit amount and improve liquidity. - FY2024-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 1 June 2023, a resolution was passed to split the Company’s common shares at a ratio of 3 shares for every 1 share and, effective 1 October 2023, to amend the Articles of Incorporation to change the total number of authorized shares from 1,660,000 to 4,980,000.」
The Company reaffirmed the plan to split 1 share into 3 shares and the resolution to change the total number of authorized shares from 1,660,000 to 4,980,000 effective 1 October 2023. - FY2023First statedAnnual report
「The purpose is to expand the investor base and improve the liquidity of the Company’s shares by conducting a stock split to lower the investment unit amount and create an environment in which investors can more easily invest in the Company’s shares. With 30 September 2023 (Saturday), effectively 29 September 2023 (Friday), as the record date because the former is a holiday, the Company will split the common shares held by shareholders recorded in the final shareholder register on that date at a ratio of 3 shares for every 1 share.」
The Company disclosed, as a subsequent event, a plan to split 1 share into 3 shares with 30 September 2023 as the record date, aimed at lowering the investment unit amount, expanding the investor base and improving share liquidity.