Reducing the Investment Unit and Improving Liquidity Through a Share Split
First written in FY2017-Q2. 1 of 3 entries say "Achieved", first in FY2017. Latest entry: FY2020-Q2.
- FY2020-Q2AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 20 August 2019, we amended part of our Articles of Incorporation and carried out a stock split effective 1 October 2019. The purpose was to improve liquidity and broaden the investor base by carrying out the stock split and reducing the investment unit price of our shares.」
Effective 1 October 2019, we split each common share into 2 shares, improving liquidity and broadening the investor base by lowering the investment unit price. - FY2017AchievedAnnual report
「Effective 1 October 2016, the company carried out a 2-for-1 stock split.」
The annual report confirms that measures to lower the investment unit and improve liquidity through a stock split have been implemented. - FY2017-Q2First statedAnnual report
「Based on a resolution adopted at a meeting of the Board of Directors held on 29 August 2016, we amended part of the Articles of Incorporation and carried out a stock split effective 1 October 2016. The purpose of the stock split was to improve liquidity and broaden the investor base by lowering the investment unit through the reduction in the amount per investment unit of our shares.」
The company split each share into 2 shares effective 1 October 2016, with the aim of improving share liquidity and broadening the investor base by lowering the investment unit.