Lowering the investment unit and broadening the investor base through a stock split
First written in FY2017-Q4. 1 of 2 entries say "Achieved", first in FY2018-Q1. Latest entry: FY2018-Q1.
- FY2018-Q1AchievedAnnual report
「Based on a resolution of the Board of Directors dated 10 August 2017, the company conducted a share split effective 1 October 2017. The purpose was to increase the liquidity of the company's shares and broaden its investor base by conducting a share split and lowering the investment unit value. Share split ratio and date: Effective 1 October 2017, the number of shares held by shareholders recorded in the shareholder registry as of 30 September 2017 was split at a ratio of 2 shares for each share.」
The planned share split effective 1 October 2017, at a ratio of 2 shares for each share, was completed, bringing the total number of issued shares to 40,236,000. - FY2017-Q4First statedAnnual report
「The purpose is to increase the liquidity of the company's shares and broaden its investor base by conducting a share split and lowering the investment unit value. The share split will not change the amount of stated capital. Share split ratio and date: Effective 1 October 2017, the number of shares held by shareholders recorded in the shareholder registry as of 30 September 2017 will be split at a ratio of 2 shares for each share.」
The company first disclosed its plan to split 1 share into 2 shares effective 1 October 2017, with the aim of lowering the investment unit value, improving share liquidity and broadening its investor base.