Adjusting the Investment Unit through Changes to the Trading Unit and a Share Consolidation
First written in FY2017. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
113 other companies' latest entry also says "Achieved".
- FY2018-Q2AchievedAnnual report
「Effective 1 October 2017, the Company changed the number of shares in one trading unit from 1,000 shares to 100 shares. Effective 1 October 2017, it consolidated shares at a ratio of 1 share for every 10 shares held by shareholders recorded in the final shareholder registry as of 30 September of the same year, effectively 29 September.」
The change in the number of shares in one trading unit from 1,000 to 100 and the 10-for-1 reverse stock split were implemented on 1 October 2017, completing the measures announced for FY2017. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, the Company has decided to change the number of shares in one trading unit from 1,000 shares to 100 shares, in accordance with this policy. At the same time, it will conduct a reverse stock split, consolidating 10 shares into 1 share, to adjust the investment unit to the level considered desirable by the stock exchange, from ¥50,000 to less than ¥500,000. Effective 1 October 2017, the Company will change the number of shares in one trading unit from 1,000 shares to 100 shares.」
To align with the standardization of trading units at 100 shares and adjust the investment unit to between ¥50,000 and less than ¥500,000, the Company planned to change the number of shares in one trading unit and consolidate 10 shares into 1 share on 1 October 2017.