Expanding the Individual Investor Base through a Stock Split
First written in FY2023-Q3. 1 of 2 entries say "Achieved", first in FY2023. Latest entry: FY2023.
- FY2023AchievedAnnual report
「Effective 1 April 2023, the company conducted a stock split and partially amended its Articles of Incorporation in connection with the stock split. The company conducted a 5-for-1 split of its common shares held by shareholders listed or recorded in the final shareholder registry as of 31 March 2023.」
The company conducted a 5-for-1 stock split effective 1 April 2023 in light of the new NISA program, completing measures to create an environment in which individual investors can invest more easily and expand the investor base. - FY2023-Q3First statedAnnual report
「In light of the launch of the new NISA program, the purpose is to create an environment in which individual investors can invest more easily through a stock split and thereby expand the investor base. The company will conduct a 5-for-1 split of its common shares held by shareholders listed or recorded in the final shareholder registry as of 31 March 2023.」
In light of the new NISA program, the company stated that it had resolved to conduct a 5-for-1 stock split with a record date of 31 March 2023, with the aim of creating an environment in which individual investors can invest more easily and expanding the investor base.