Reducing the Investment Unit and Improving Share Liquidity through a Stock Split
First written in FY2020-Q2. 3 of 4 entries say "Restated". Latest entry: FY2021-Q3.
- FY2021-Q3RestatedAnnual report
「The Company conducted a 2-for-1 stock split in common shares effective 1 September 2019. For purposes of calculating quarterly (annual) net income per share and diluted quarterly (annual) net income per share, the calculations assume that the stock split was conducted at the beginning of the 18th fiscal year.」
The Company has reiterated the 2-for-1 stock split effective 1 September 2019 as an assumption used in calculating earnings per share. - FY2021-Q2RestatedAnnual report
「Pursuant to a resolution at an extraordinary meeting of the Board of Directors held on 8 August 2019, the Company amended its Articles of Incorporation in connection with the stock split effective 1 September 2019. The total number of issued shares increased by 2,102,300 to 4,204,600 shares.」
The Company has reiterated the details of the 2-for-1 stock split effective 1 September 2019. - FY2020-Q3RestatedAnnual report
「Pursuant to a resolution at an extraordinary meeting of the Board of Directors held on 8 August 2019, the Company amended its Articles of Incorporation in connection with the stock split effective 1 September 2019. The total number of issued shares increased by 2,102,300 to 4,204,600 shares.」
The Company has reiterated the details of the 2-for-1 stock split in common shares effective 1 September 2019, together with the resulting increase in the total number of issued shares. - FY2020-Q2AchievedAnnual report
「At an extraordinary meeting of the Board of Directors held on 8 August 2019, the Company resolved to conduct a stock split and partially amend its Articles of Incorporation in connection with the stock split. Effective 1 September 2019, it conducted a stock split at a ratio of 2 shares for each 1 common share.」
Effective 1 September 2019, the Company conducted a 2-for-1 stock split. The stated purposes were to lower the investment amount per unit, broaden the investor base, and improve share liquidity.