Broadening the Investor Base and Improving Stock Liquidity Through a Stock Split
First written in FY2019-Q2. 1 of 2 entries say "Achieved", first in FY2019-Q3. Latest entry: FY2019-Q3.
- FY2019-Q3AchievedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 11 April 2019, the company conducted a stock split at a ratio of 2 shares for every 1 common share effective 1 June 2019. The total number of issued shares increased by 7,865,800 to 15,731,600 shares.」
A stock split at a ratio of 2 shares for every 1 share was conducted effective 1 June 2019, bringing the total number of issued shares as of the filing date to 15,731,600. - FY2019-Q2First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily by conducting a stock split to lower the investment amount per unit, thereby expanding the investor base and improving the liquidity of the Company's shares. With Friday, 31 May 2019 as the record date, the Company's common shares held by shareholders recorded in the final shareholder register on that date will be split at a ratio of 2 shares for every 1 share.」
On 11 April 2019, the company resolved to conduct a stock split. It disclosed plans to use 31 May 2019 as the record date and 1 June 2019 as the effective date, increasing the total number of issued shares from 7,865,800 to 15,731,600.