Reducing the Investment Unit and Improving Liquidity Through a Share Split
First written in FY2022-Q3. 3 of 5 entries say "Achieved", first in FY2022. Latest entry: FY2024-Q3.
- FY2024-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors adopted at a meeting held on 26 February 2024, the company conducted a stock split and partially amended its Articles of Incorporation in connection with the stock split, effective 1 April 2024. With 31 March 2024 as the record date, the common shares held by shareholders listed or recorded in the final shareholder register on that date were split at a ratio of 1.5 shares for each share. Number of issued shares before the stock split: 44,532,192 shares. Increase in shares resulting from this split: 22,266,096 shares. Number of issued shares after the stock split: 66,798,288 shares.」
The company conducted a stock split at a ratio of 1 share into 1.5 shares effective 1 April 2024, bringing the number of issued shares to 66,798,288. The purpose was to lower the minimum investment amount, broaden its investor base and improve share liquidity. - FY2023-Q3AchievedAnnual report
「Based on a resolution of the Board of Directors adopted at a meeting held on 6 February 2023, the company conducted a stock split and partially amended its Articles of Incorporation in connection with the stock split, effective 1 April 2023.」
The company carried out the stock split at a ratio of 1 share into 2 shares, resolved at the previous quarter's meeting, effective 1 April 2023. The number of issued shares as of the filing date was 44,532,192. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 6 February 2023, the company resolved to conduct a stock split and partially amend its Articles of Incorporation in connection with the stock split. With 31 March 2023 as the record date, each common share held by shareholders listed or recorded in the final shareholder register on that date was split into 2 shares. The effective date was 1 April 2023.」
The company resolved to split each share into 2 shares to lower the minimum investment amount, broaden its investor base and improve share liquidity. As of the filing date, the split was scheduled but had not yet been carried out. - FY2022AchievedAnnual report
「On 1 April 2022, the company conducted a stock split at a ratio of 1.2 shares for each common share. As a result, the number of issued shares increased by 3,711,016 to 22,266,096 shares.」
The company conducted a stock split at a ratio of 1 share into 1.2 shares on 1 April 2022, bringing the number of issued shares to 22,266,096. - FY2022-Q3First statedAnnual report
「On 1 April 2022, the company conducted a stock split at a ratio of 1.2 shares for each common share.」
The company split each share into 1.2 shares on 1 April 2022 to lower the minimum investment amount, broaden its investor base and improve share liquidity.