Lower Investment Units and Greater Liquidity Through Stock Splits
First written in FY2017-Q3. 2 of 3 entries say "Achieved", first in FY2017. Latest entry: FY2021.
- FY2021AchievedAnnual report
「Effective 1 April 2021, the Company conducted a 2-for-1 split of the shares held by shareholders listed or recorded in the final shareholder register as of 31 March 2021.」
The Company conducted a 2-for-1 share split effective 1 April 2021 to reduce the investment unit amount, improve share liquidity and broaden the investor base. - FY2017AchievedAnnual report
「Effective 1 April 2017, the Company conducted a 2-for-1 split of its common shares.」
The Company conducted a 2-for-1 share split effective 1 April 2017 to reduce the investment unit amount and improve liquidity. - FY2017-Q3First statedAnnual report
「In light of the Company's recent share price level, the purpose is to create an environment in which investors can invest more easily by reducing the investment unit amount, while improving share liquidity and further broadening the investor base. Effective 1 April 2017, the Company conducted a 2-for-1 share split of its common shares, with each share held by shareholders listed or recorded in the final shareholder register as of 31 March 2017 split into 2 shares.」
The Company resolved to conduct a 2-for-1 share split, with 31 March 2017 as the record date and 1 April 2017 as the effective date, to reduce the investment unit amount, improve share liquidity and broaden the investor base.