Lowering the Investment Unit and Expanding the Investor Base and Number of Shareholders Through a Stock Split
First written in FY2018-Q3. 1 of 3 entries say "Advanced", first in FY2018. Latest entry: FY2019-Q1.
- FY2019-Q1AchievedAnnual report
「Based on a Board of Directors resolution dated 9 November 2018, we carried out a stock split and partially amended the Articles of Incorporation in connection with the stock split, effective 1 January 2019.」
The stock split planned for 1 January 2019 in the previous fiscal year was carried out. Each common share was split into 2 shares, bringing the total number of shares issued after the split to 6,209,600. - FY2018AdvancedAnnual report
「At a Board of Directors meeting held on 9 November 2018, we resolved to carry out a stock split and partially amend the Articles of Incorporation in connection with the stock split, effective 1 January 2019. The stock split is intended to reduce the amount required per investment unit of our shares, create an environment that makes investment easier, improve the liquidity of our shares, and expand our investor base and number of shareholders.」
Following the 1-for-2 stock split in August 2018, a plan was disclosed to conduct another 1-for-2 stock split effective 1 January 2019. The objectives were to lower the investment unit and expand liquidity, the investor base and the number of shareholders. - FY2018-Q3First statedAnnual report
「The stock split is intended to reduce the amount required per investment unit of our shares, create an environment that makes investment easier, improve the liquidity of our shares, and expand our investor base and number of shareholders.」
Based on a Board of Directors resolution dated 15 June 2018, a plan was disclosed to split 1 common share into 2 shares effective 1 August 2018. The stated objectives were to lower the investment unit, improve share liquidity, and expand the investor base and number of shareholders.