Expanding the Investor Base and Improving Stock Liquidity by Lowering the Investment Unit
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
116 other companies' latest entry also says "Achieved".
- FY2018-Q2AchievedAnnual report
「Based on a resolution adopted at the board of directors meeting held on 15 January 2018, the company conducted a stock split effective 1 March 2018. The purpose is to create an environment in which investors can invest more easily and broaden the investor base and improve liquidity by conducting a stock split and lowering the investment unit. As a result of this stock split, the investment unit will effectively be reduced to one-half of its current level.」
The company completed a stock split on 1 March 2018, splitting 1 share into 2 shares, thereby lowering the investment unit, broadening the investor base and improving liquidity. - FY2018-Q1First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily and broaden the investor base and improve liquidity by conducting a stock split and lowering the investment unit. As a result of this stock split, the investment unit will effectively be reduced to one-half of its current level.」
The company decided to split 1 common share into 2 shares, with 28 February 2018 as the record date and the split taking effect on 1 March 2018. The objectives are to lower the investment unit, broaden the investor base and improve stock liquidity.