Share Consolidation and Change to a 100-Share Trading Unit
First written in FY2018. 1 of 3 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2019-Q2.
- FY2019-Q2AchievedAnnual report
「Effective 1 October 2018, the Company consolidated its common shares at a ratio of 1 share for every 2 shares and changed the number of shares constituting one trading unit from 1,000 shares to 100 shares.」
The planned share consolidation and change in the number of shares constituting one trading unit took effect on 1 October 2018, and the total number of issued shares after the consolidation was 32,604,198. - FY2019-Q1AdvancedAnnual report
「At the 103rd Annual General Meeting of Shareholders held on 28 June 2018, a proposal concerning a share consolidation, at a ratio of 2 common shares to 1 share, was approved. As of the effective date of the share consolidation, 1 October 2018, the number of shares constituting one trading unit was changed from 1,000 shares to 100 shares.」
The share consolidation and change in the number of shares constituting one trading unit were approved at the Annual General Meeting of Shareholders. The effective date was 1 October 2018, and the measures had not yet been implemented. - FY2018First statedAnnual report
「Effective 1 October 2018, the trading unit for the Company's common shares was changed to 100 shares. In changing the number of shares constituting one trading unit, the Company consolidated its common shares at a ratio of 2 shares to 1 share, taking into account the price per trading unit considered desirable by the national securities exchanges, namely between ¥50,000 and less than ¥500,000.」
The Company decided to change the trading unit from 1,000 shares to 100 shares and consolidate 2 shares into 1 share. The effective date was set as 1 October 2018.