Broadening the Investor Base and Improving Share Liquidity
First written in FY2017-Q1. 2 of 3 entries say "Advanced", first in FY2018. Latest entry: FY2019.
- FY2019AdvancedAnnual report
「The purpose is to conduct a stock split and lower the amount required per investment unit, thereby improving the liquidity of the company's shares and expanding the investor base.」
The May 2019 stock split was also intended to lower the minimum investment amount, improve liquidity and expand the investor base. - FY2018AdvancedAnnual report
「The purpose is to create an environment that makes it easier for investors to invest by conducting a stock split and lowering the amount required per investment unit, thereby expanding the investor base and improving the liquidity of the company's shares.」
Effective 1 March 2018, the company conducted a 1-for-2 stock split to lower the minimum investment amount, expand the investor base and improve liquidity. - FY2017-Q1First statedAnnual report
「The purpose is to create an environment that makes it easier for investors to invest by conducting a stock split and lowering the amount required per investment unit, thereby expanding the investor base and improving the liquidity of the company's shares.」
The stated purposes of the stock split were to lower the minimum investment amount, expand the investor base and improve share liquidity.