Lowering the Investment Unit Through a Stock Split and Broadening the Investor Base
First written in FY2018-Q2. 4 of 5 entries say "Restated". Latest entry: FY2021.
- FY2021RestatedAnnual report
「Effective 1 November 2017, the Company conducted a stock split at a ratio of 2 shares for each common share.」
No change is indicated in either the completed stock split or its purpose of improving liquidity and broadening the investor base by lowering the investment amount per unit. - FY2019RestatedAnnual report
「Effective 1 November 2017, the Company conducted a stock split at a ratio of 2 shares for each common share.」
No change is indicated in either the completed stock split or its purpose of improving liquidity and broadening the investor base by lowering the investment amount per unit. - FY2019-Q3RestatedAnnual report
「Effective 1 November 2017, the Company conducted a stock split at a ratio of 2 shares for each common share.」
The disclosure repeats that the stock split of 2 shares for each common share had been completed, with no change indicated in the purpose of improving liquidity and broadening the investor base by lowering the investment amount per unit. - FY2018-Q3RestatedAnnual report
「Effective 1 November 2017, each common share was split into 2 shares.」
The disclosure repeats the fact that the stock split had been completed. It indicates no change in the purpose of improving liquidity and broadening the investor base by lowering the investment amount per unit. - FY2018-Q2First statedAnnual report
「Based on a resolution of the Board of Directors dated 19 September 2017, the Company conducted a stock split effective 1 November 2017. The purpose was to improve the liquidity of the Company's shares and broaden its investor base by lowering the investment amount per unit. Effective 1 November 2017, each common share was split into 2 shares.」
The Company conducted a 1-for-2 stock split to improve share liquidity and broaden its investor base by lowering the investment amount per unit.