Broadening the Investor Base and Improving Share Liquidity through a Stock Split
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2024.
- FY2024AchievedAnnual report
「With 31 May 2024 as the record date, the Company conducted a stock split of the common shares held by shareholders recorded in the final shareholder register on that date at a ratio of 3 shares for every 1 share.」
The Company completed measures to lower the investment unit and improve share liquidity by conducting a stock split of 3 shares for every 1 share, effective 1 June 2024. - FY2024-Q3First statedAnnual report
「Taking the opportunity presented by new institutional reforms, including the introduction of the new NISA, the Company is primarily focused on expanding its investor base and improving the liquidity of its shares by lowering the amount required per investment unit and creating an environment that makes investment easier through an increase in the number of shares in circulation. With 31 May 2024 (Friday) as the record date, the Company will conduct a stock split of the common shares held by shareholders recorded in the final shareholder register on that date at a ratio of 3 shares for every 1 share.」
Taking the new NISA and other measures as an opportunity, the Company disclosed a plan to split 1 share into 3 shares, with 31 May 2024 as the record date and 1 June 2024 as the effective date, to expand its investor base and improve share liquidity.