Changes to Share Consolidation, Total Number of Authorized Shares and Number of Shares per Trading Unit
First written in FY2017-Q1. 1 of 2 entries say "Achieved", first in FY2017-Q2. Latest entry: FY2017-Q2.
117 other companies' latest entry also says "Achieved".
- FY2017-Q2AchievedAnnual report
「Pursuant to the resolution, a share consolidation of the common shares at a ratio of 1 share for every 10 shares was conducted effective 1 October 2016, based on the number of shares held by shareholders listed in the final shareholder registry as of 30 September 2016. As a result, the total number of issued shares after the share consolidation decreased by 146,967,759 to 16,329,751.」
The approved share consolidation at a ratio of 1 share for every 10 shares, the change in the number of shares constituting one trading unit from 1,000 to 100, and the change in the total number of authorized shares were implemented effective 1 October 2016. - FY2017-Q1First statedAnnual report
「At the 9th Annual General Meeting of Shareholders held on 24 June 2016, a proposal was approved to set the total number of authorized shares at 45,000,000, effective on the effective date of the share consolidation, 1 October 2016. Under Article 182, Paragraph 2 of the Companies Act, the total number of authorized shares prescribed in Article 6 of the Articles of Incorporation is deemed to have changed from 450,000,000 to 45,000,000 on 1 October 2016, the effective date of the share consolidation. At the 9th Annual General Meeting of Shareholders held on 24 June 2016, an amendment to the Articles of Incorporation was also approved to change the number of shares constituting one trading unit from 1,000 to 100.」
Effective 1 October 2016, the changes associated with the share consolidation, including the reduction in the total number of authorized shares from 450,000,000 to 45,000,000 and the reduction in the number of shares constituting one trading unit from 1,000 to 100, were approved.