Optimizing Investment Units through a Share Consolidation and a Change in the Trading Unit
First written in FY2018. 1 of 3 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2019-Q2.
117 other companies' latest entry also says "Achieved".
- FY2019-Q2AchievedAnnual report
「Effective 1 October 2018, the Company changed the number of shares constituting one trading unit of its common stock from 1,000 shares to 100 shares. Effective the same date, it consolidated the shares held by shareholders recorded in the final shareholder register as of 30 September of that year at a ratio of 1 share for every 5 shares held.」
The change in the number of shares constituting one trading unit from 1,000 shares to 100 shares and the share consolidation at a ratio of 1 share for every 5 shares became effective on 1 October 2018, completing the plan. - FY2019-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 10 May 2018, the Company resolved to change the number of shares constituting one trading unit and to submit a proposal concerning the share consolidation to the 122nd Annual General Meeting of Shareholders held on 28 June 2018. The proposal was approved at that meeting.」
The plan to change the number of shares constituting one trading unit from 1,000 shares to 100 shares and consolidate 5 shares into 1 share received approval from the Board of Directors and the General Meeting of Shareholders. The effective date was scheduled for 1 October 2018. - FY2018First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, the Company is respecting this objective by changing the number of shares constituting one trading unit of its common stock from 1,000 shares to 100 shares. In conjunction with this change, it will conduct a share consolidation at a ratio of 1 share for every 5 shares, with the aim of maintaining the investment unit at an appropriate level while taking medium- to long-term share price fluctuations into account.」
With 1 October 2018 as the effective date, the Company stated in the matters requiring shareholder approval its plan to change the number of shares constituting one trading unit from 1,000 shares to 100 shares and consolidate 5 shares into 1 share.