10-for-1 Share Consolidation and Change to 100 Shares per Trading Unit
First written in FY2018. 1 of 3 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2019-Q2.
117 other companies' latest entry also says "Achieved".
- FY2019-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 11 May 2018, the company resolved to amend part of its Articles of Incorporation in connection with the change in the trading unit, and resolved to submit a proposal for the share consolidation to the 210th Annual General Meeting of Shareholders held on 28 June 2018. The proposal was approved and adopted at that meeting, and took effect on 1 October of the same year.」
The consolidation of shares at a ratio of 10 shares to 1 and the change in the trading unit from 1,000 shares to 100 shares took effect on 1 October 2018, completing the plan. - FY2019-Q1AdvancedAnnual report
「Because a proposal concerning the share consolidation, at a ratio of 10 shares to 1, was approved and adopted at the annual general meeting of shareholders held on 28 June 2018, the company's total number of authorized shares will change from 977,011,000 to 97,701,100 effective 1 October of the same year. In addition, the Board of Directors resolved at its meeting held on 11 May of the same year to change the trading unit from 1,000 shares to 100 shares effective on the date the share consolidation takes effect, 1 October of the same year.」
Approval was obtained at the annual general meeting of shareholders for the share consolidation and change in the trading unit. The effective date is 1 October 2018, and implementation had not yet begun. - FY2018First statedAnnual report
「Effective 1 October 2018, the trading unit for common shares will change from 1,000 shares to 100 shares. In connection with this change, the company will consolidate its shares at a ratio of 10 shares to 1.」
The plan calls for the trading unit to change from 1,000 shares to 100 shares and for shares to be consolidated at a ratio of 10 shares to 1, effective 1 October 2018.