Lowering the Investment Unit and Expanding the Investor Base through a Stock Split
First written in FY2016. 3 of 5 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2024.
- FY2024AchievedAnnual report
「A stock split was conducted effective 1 April 2024 at a ratio of 2 shares for every 1 share.」
The 1-for-2 stock split resolved on 31 January 2024 was conducted on 1 April 2024. - FY2024-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 31 January 2024, the company resolved to conduct the stock split and partially amend its Articles of Incorporation as described below. The objective is to create an environment in which investors can invest more easily by lowering the investment unit price of the company's shares through the stock split, thereby improving share liquidity and further expanding the investor base. Based on 31 March 2024 as the record date, the company will split each common share held by shareholders listed or recorded in the final shareholder register on that date into 2 shares. Effective date: 1 April 2024」
At its Board of Directors meeting on 31 January 2024, the company resolved on a 1-for-2 stock split intended to lower the investment unit price, improve liquidity and expand the investor base. The record date is 31 March 2024, and the effective date is 1 April 2024. - FY2020-Q2AdvancedAnnual report
「Based on a resolution of the company's Board of Directors meeting held on 9 August 2019, a stock split was conducted effective 1 October 2019 as follows.」
Effective 1 October 2019, a 1-for-2 stock split of common shares was conducted, advancing the initiative to lower the investment unit price to the implementation stage. No results concerning expansion of the investor base were stated. - FY2017-Q1AdvancedAnnual report
「A stock split was conducted effective 1 April 2016 at a ratio of 2 shares for every 1 share.」
The 1-for-2 stock split intended to lower the investment unit price had already been completed. No results concerning expansion of the investor base were stated. - FY2016First statedAnnual report
「The objective is to create an environment in which investors can invest more easily by lowering the investment unit price of the company's shares, thereby improving share liquidity and further expanding the investor base.」
The 1-for-2 stock split effective 1 April 2016 was intended to improve liquidity and expand the investor base.