Lowering the Investment Unit and Expanding the Investor Base Through a Stock Split
First written in FY2019-Q3. 4 of 6 entries say "Cited as achieved", first in FY2020-Q1. Latest entry: FY2021.
- FY2021Cited as achievedAnnual report
「The Company conducted a 2-for-1 share split effective 1 April 2019.」
The share split effective 1 April 2019 is being restated as a completed initiative. - FY2020Cited as achievedAnnual report
「The Company conducted a 2-for-1 share split effective 1 April 2019.」
The share split effective 1 April 2019 is being restated as a completed initiative. - FY2020-Q3Cited as achievedAnnual report
「The Company conducted a 2-for-1 share split effective 1 April 2019.」
The 2-for-1 share split effective 1 April 2019 is being restated as a completed initiative. - FY2020-Q1Cited as achievedAnnual report
「The Company conducted a 2-for-1 share split effective 1 April 2019.」
The 2-for-1 share split effective 1 April 2019 is being restated as a completed initiative. - FY2019AchievedAnnual report
「The Company conducted a 2-for-1 split of common shares effective 1 April 2019.」
The share split resolved on 8 February 2019 was implemented effective 1 April 2019. The purpose was to improve share liquidity and expand the investor base by lowering the amount required per investment unit. - FY2019-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 8 February 2019, the Company resolved to conduct a share split and make partial amendments to the Articles of Incorporation in connection with the share split, as described below. The purpose is to improve the liquidity of the Company’s shares and expand its investor base by lowering the amount required per investment unit. With 31 March 2019 (Sunday) as the record date, the Company will conduct a 2-for-1 split of common shares held by shareholders listed or recorded in the final shareholder register on that date.」
The Company has stated for the first time its plan, resolved by the Board of Directors on 8 February 2019, to conduct a 2-for-1 share split with 31 March 2019 as the record date and 1 April 2019 as the effective date. The purpose is to improve share liquidity and expand the investor base by lowering the amount required per investment unit.