Optimizing investment units through a share consolidation and a change in the trading unit
First written in FY2017. 2 of 4 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2020-Q1.
117 other companies' latest entry also says "Achieved".
- FY2020-Q1AchievedAnnual report
「Effective 1 March 2019, the Company conducted a share split at a ratio of 2 shares for every 1 common share.」
The share split previously resolved upon to lower the investment unit was carried out effective 1 March 2019. - FY2019-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 January 2019, the Company resolved to conduct a share split and partially amend its Articles of Incorporation. The share split is intended to lower the investment amount per trading unit, create an environment that makes it easier for investors to invest in the Company's shares, increase the liquidity of the shares and expand the investor base. As of the record date of 28 February 2019, the Company will split the common shares held by shareholders recorded in the final shareholder register on that date at a ratio of 2 shares for every 1 share. The effective date is 1 March 2019.」
The Company resolved to split 1 share into 2 to establish an appropriate investment unit following the share consolidation and change in the number of shares constituting one trading unit. The planned implementation date is 1 March 2019, with the aims of lowering the investment unit, improving liquidity and expanding the investor base. - FY2018-Q2AchievedAnnual report
「As of the effective date of the share consolidation, 1 September 2017, the Company consolidated 5 shares of common stock into 1 share, resulting in 1,049,688 issued shares.」
The planned share consolidation at a ratio of 5 shares to 1 was carried out on 1 September 2017, bringing the total number of issued shares to 1,049,688. - FY2017First statedAnnual report
「Effective 1 September 2017, the Company will change the number of shares constituting one trading unit of its common stock from 1,000 shares to 100 shares. It will also conduct a share consolidation at a ratio of 5 shares to 1 share.」
The Company resolved to change the trading unit from 1,000 shares to 100 shares and consolidate 5 shares into 1 share effective 1 September 2017, with the aim of broadening investment opportunities for individual investors and optimizing the investment unit.