Reducing the Investment Unit through a Share Consolidation and Changes to the Number of Shares in a Trading Unit
First written in FY2018. 2 of 5 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2025-H1.
115 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「At a meeting of the Board of Directors held on 14 May 2024, we resolved to conduct a share split and make partial amendments to the Articles of Incorporation in connection with the share split. These became effective on 1 October 2024.」
The planned share split of 2 shares for every 1 common share was conducted on 1 October 2024, completing the initiative to reduce the investment unit. - FY2024Additional share split planAnnual report
「Purpose of the share split: The purpose is to improve liquidity and broaden the investor base by reducing the value of our shares per investment unit. As of 30 September 2024, we will conduct a share split at a ratio of 2 shares for every 1 common share held by shareholders recorded in the final shareholder register on that date. Effective date: 1 October 2024」
Following the previous change in the number of shares per trading unit and share consolidation, a plan was announced to conduct a 1-for-2 share split on 1 October 2024 to reduce the investment unit and broaden the investor base. - FY2019-Q2AchievedAnnual report
「It became effective on 1 October 2018.」
The share consolidation and change in the number of shares per trading unit became effective on 1 October 2018. 5 common shares were consolidated into 1 share, and the number of shares per trading unit was changed from 1,000 shares to 100 shares. - FY2019-Q1RestatedAnnual report
「At a meeting of the Board of Directors held on 18 May 2018, we resolved to change the number of shares per trading unit and to submit the share consolidation to the 149th annual general meeting of shareholders held on 28 June 2018. The proposal was approved at that meeting, and became effective on 1 October 2018.」
The Board of Directors’ resolution, approval at the annual general meeting of shareholders, and effective date of 1 October 2018 for the share consolidation and change in the number of shares per trading unit were reconfirmed. - FY2018First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect this objective and will change the number of shares per trading unit, the trading unit for our common shares, from 1,000 shares to 100 shares. In addition, taking into account the investment unit level considered desirable by the stock exchanges, between ¥50,000 and less than ¥500,000, we will conduct a share consolidation at a ratio of 1 share for every 5 common shares.」
The plan to consolidate 5 shares into 1 share and change the number of shares per trading unit from 1,000 shares to 100 shares was first described after being approved at the annual general meeting of shareholders held on 28 June 2018, with 1 October 2018 designated as the effective date.