Reducing the Investment Unit and Improving Share Liquidity through a Stock Split
First written in FY2021-Q1. 1 of 3 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2021.
- FY2021AchievedAnnual report
「Based on 31 December 2021 as the record date, the common shares held by shareholders listed or recorded in the final shareholder register on that date were split at a ratio of 2 shares for 1 share.」
The 1-for-2 stock split became effective on 1 January 2022, completing the initiative to lower the investment unit price and expand the investor base. - FY2021-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 November 2021, the company resolved to conduct a stock split and make certain amendments to its Articles of Incorporation in connection with the split. The objectives were to improve the liquidity of the company's shares and expand its investor base by lowering the investment unit price. Based on 31 December 2021 as the record date, the company's common shares held by shareholders listed or recorded in the final shareholder register on that date were split at a ratio of 2 shares for 1 share.」
Following the stock split in April 2021, the company resolved to conduct a 1-for-2 stock split effective 1 January 2022. - FY2021-Q1First statedAnnual report
「The company plans to expand its investor base and improve share liquidity by conducting a stock split to reduce the investment unit price of its shares.」
Effective 1 April 2021, the company conducted a 1-for-2 stock split, with the aim of expanding its investor base and improving share liquidity by lowering the investment unit price.