Lowering the investment unit and broadening the investor base through a stock split
First written in FY2021-Q2. 2 of 4 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2023-Q3.
116 other companies' latest entry also says "Achieved".
- FY2023-Q3AchievedAnnual report
「1 March 2023 (Note) 24,236,500 36,354,750 － 2,883 － 2,756 (Note) This resulted from a 1-for-3 stock split.」
The Company carried out the 3-for-1 stock split of its common shares effective 1 March 2023, as previously resolved, increasing the total number of issued shares from 12,118,250 to 36,354,750. - FY2023-Q2AdvancedAnnual report
「At its Board of Directors meeting held on 10 February 2023, the Company resolved to conduct a stock split and partially amend its Articles of Incorporation, effective 1 March 2023. With 28 February 2023 as the record date, the split will be conducted at a ratio of 3 shares for every 1 common share of the Company held by shareholders listed or recorded in the final shareholder register on that date.」
The Company resolved to conduct a 3-for-1 stock split, effective 1 March 2023, to lower the investment unit and broaden its investor base. - FY2021-Q3AdvancedAnnual report
「This was a 2-for-1 stock split.」
Effective 1 March 2021, the Company carried out a 2-for-1 stock split of its common shares to lower the investment unit and improve liquidity. - FY2021-Q2First statedAnnual report
「The purpose was to lower the amount required to invest in the Company's shares through a stock split, thereby improving share liquidity, creating an environment in which investors could invest more easily, and further expanding the investor base」
The company decided to split each share into 2 shares, with 1 March 2021 as the effective date, as a measure to lower the investment unit, improve share liquidity and expand the investor base.