Consolidation of 10 common shares into 1 and change in the trading unit to 100 shares
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
117 other companies' latest entry also says "Achieved".
- FY2019-Q2AchievedAnnual report
「Effective 1 October 2018, the company consolidated shares at a ratio of 1 share for every 10 shares, based on the number of shares held by shareholders listed or recorded in the final shareholder registry as of 30 September 2018.」
The planned reverse stock split of 10 common shares into 1 share was carried out on 1 October 2018 and took effect together with the change in the number of shares constituting one trading unit. - FY2018First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect the intent of this policy and will change the number of shares constituting one trading unit, which is the trading unit for our shares, from 1,000 to 100. In addition, following this change, we will conduct a reverse stock split of the common shares at a ratio of 10 shares to 1 share, with the aim of aligning the investment unit with the appropriate level recommended by the stock exchange, between ¥50,000 and less than ¥500,000.」
Following resolutions of the Board of Directors and approval at the General Meeting of Shareholders, the company newly disclosed a plan to consolidate 10 common shares into 1 share on 1 October 2018 and change the number of shares constituting one trading unit from 1,000 to 100.