Expanding Share Liquidity and the Investor Base Through a Stock Split
First written in FY2017-Q2. 2 of 4 entries say "Achieved", first in FY2017-Q3. Latest entry: FY2018.
- FY2018AchievedAnnual report
「A stock split of 3 shares for each 1 common share was conducted effective 1 March 2018.」
The 1-for-3 stock split approved in the third quarter of FY2018 was conducted effective 1 March 2018. - FY2018-Q3RaisedAnnual report
「The purpose of the stock split is to create an environment in which investors can invest more easily, improve the liquidity of the Company’s shares and broaden its investor base. The stock split will be conducted at a ratio of 3 shares for each 1 common share held by shareholders listed or recorded in the final shareholder register as of Wednesday, 28 February 2018.」
Following the previous 1-for-2 split, a 1-for-3 stock split was approved. The split ratio was increased while maintaining the objectives of making investment easier, improving liquidity and broadening the investor base. - FY2017-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 4 November 2016, a stock split of 2 shares for each 1 common share was conducted effective 1 December 2016.」
The 1-for-2 stock split decided in the previous quarter was conducted effective 1 December 2016. - FY2017-Q2First statedAnnual report
「The purpose of the stock split is to create an environment in which investors can invest more easily, improve the liquidity of the Company’s shares and broaden its investor base. The split will be conducted at a ratio of 2 shares for each 1 common share held by shareholders listed or recorded in the final shareholder register as of Wednesday, 30 November 2016.」
Based on a resolution of the Board of Directors meeting held on 4 November 2016, a 1-for-2 stock split will be conducted, with 1 December 2016 as the effective date. The objectives are to create an environment in which investment is easier, improve share liquidity and broaden the investor base.