Improving Share Liquidity and Expanding the Investor Base Through a Stock Split
First written in FY2019-Q2. 2 of 4 entries say "Achieved", first in FY2019-Q3. Latest entry: FY2025-H1.
- FY2025-H1Cited as achievedAnnual report
「Effective 1 April 2024, the company conducted a 2-for-1 share split of its common shares.」
The company again cites the completed 2-for-1 share split effective 1 April 2024 as a past initiative. The number of shares outstanding is 50,227,200. - FY2024AchievedAnnual report
「The purpose is to improve the liquidity of our shares and further expand our investor base by lowering the amount required per investment unit through a stock split.」
Effective 1 April 2024, the company split 1 common share into 2 shares, increasing the number of shares outstanding by 25,113,600 to 50,227,200. This describes completion of the share split, which was intended to improve liquidity and expand the investor base. - FY2019-Q3AchievedAnnual report
「Effective 1 October 2018, the company conducted a 2-for-1 share split of its common shares.」
The company completed the 2-for-1 share split effective 1 October 2018. The number of shares outstanding increased by 12,556,800 to 25,113,600. This describes completion of the share split. - FY2019-Q2First statedAnnual report
「Based on a resolution of the Board of Directors at a meeting held on 28 August 2018, the company carried out the following share split to improve the liquidity of its shares and expand its investor base. 1. Split ratio and date: effective 1 October 2018, the number of shares held by shareholders recorded on the shareholder register as of 30 September 2018 was split at a ratio of 2 shares for every 1 share. 2. Increase in the number of shares resulting from the split: 12,556,800 common shares.」
The company states that it split 1 common share into 2 shares effective 1 October 2018, increasing the number of common shares by 12,556,800. The stated purposes were to improve share liquidity and expand the investor base.