Lowering the Investment Unit and Expanding the Investor Base Through Stock Splits
First written in FY2018-Q1. 2 of 4 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2020-Q2.
- FY2020-Q2AchievedAnnual report
「The purpose is to conduct a stock split, lower the investment unit value, create an environment in which investors can invest more easily, improve the liquidity of the Company's shares and further expand its investor base. With 30 September 2019 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 October 2019」
A stock split at a ratio of 2 shares for each share, effective 1 October 2019, was conducted. The additional measure to lower the investment unit value and improve liquidity was completed. - FY2020-Q1Decision to conduct an additional stock splitAnnual report
「The purpose is to conduct a stock split, lower the investment unit value, create an environment in which investors can invest more easily, improve the liquidity of the Company's shares and further expand its investor base. With 30 September 2019 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 October 2019」
Following the previous 1-for-3 split, the Company decided to conduct an additional 1-for-2 split. The purposes of lowering the investment unit value, improving liquidity and expanding the investor base remain unchanged, with 30 September 2019 set as the record date and 1 October of the same year as the effective date. - FY2018-Q2AchievedAnnual report
「Effective 1 October 2017, the Company conducted a stock split at a ratio of 3 shares for each share.」
A stock split from 1 share to 3 shares was conducted on 1 October 2017, completing the measure intended to lower the investment unit value and expand the investor base. - FY2018-Q1First statedAnnual report
「The purpose is to create an environment in which a wider range of investors can invest more easily by lowering the investment unit value, thereby improving the liquidity of the Company's shares and further expanding its investor base. With 29 September 2017 as the record date, because 30 September 2017 was a non-business day for the shareholder registry administrator, the Company will conduct a stock split at a ratio of 3 shares for each common share held by shareholders listed or recorded in the final shareholder register on that date. Effective date 1 October 2017」
The Company decided to conduct a 1-for-3 stock split as a measure to lower the investment unit value, improve share liquidity and further expand its investor base. The record date is 30 September 2017, and the effective date is 1 October 2017.