Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2021-Q1. 2 of 4 entries say "Restated". Latest entry: FY2021.
- FY2021RestatedAnnual report
「Because the Company conducted a 1-for-2 stock split effective 1 October 2020, it calculated quarterly net income per share as if the stock split had been conducted at the beginning of the previous consolidated fiscal year.」
The Company continues to apply the number of shares and per-share metrics following the 1-for-2 stock split conducted on 1 October 2020. - FY2021-Q3RestatedAnnual report
「Because the Company conducted a 1-for-2 stock split effective 1 October 2020, it calculated quarterly net income per share as if the stock split had been conducted at the beginning of the previous consolidated fiscal year.」
The disclosure continues to describe the treatment of the number of shares and per-share metrics following the 1-for-2 stock split conducted on 1 October 2020. - FY2021-Q2AchievedAnnual report
「With 30 September 2020 as the record date, the Company split the common shares held by shareholders recorded in the final shareholder register on that date at a ratio of 2 shares for every 1 share.」
On 1 October 2020, the Company carried out a 1-for-2 stock split. The number of issued shares increased by 801,000 to 1,602,000, completing the measure intended to lower the minimum investment amount, improve share liquidity and broaden the investor base. - FY2021-Q1First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily, improve the liquidity of the company’s shares and broaden the investor base by reducing the amount required per investment unit of the company’s shares.」
The Company resolved to split each common share into 2 shares, with 30 September 2020 as the record date and 1 October 2020 as the effective date. The number of issued shares is expected to increase from 801,000 to 1,602,000.