Optimizing the Investment Unit Through a Share Consolidation and Change in the Trading Unit
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
117 other companies' latest entry also says "Achieved".
- FY2018-Q2AchievedAnnual report
「As a result, effective from the date of the share consolidation, 1 September 2017, the trading unit changed from 1,000 shares to 100 shares. In addition, the consolidation of 10 common shares into 1 share on the same date reduced the total number of issued shares by 12,967,560 to 1,440,840.」
Effective 1 September 2017, the trading unit was changed from 1,000 shares to 100 shares and the common shares were consolidated at a ratio of 10 to 1, moving from the previously approved stage to completion of implementation. - FY2018-Q1AdvancedAnnual report
「At the 74th Annual General Meeting of Shareholders held on 24 May 2017, approval was granted for the consolidation of 10 common shares into 1 share and, effective from the date of the share consolidation, 1 September 2017, the change in the total number of authorized shares from 40,000,000 to 4,000,000.」
The share consolidation and change in the total number of authorized shares were approved at the Annual General Meeting of Shareholders held on 24 May 2017. The effective date was 1 September 2017, representing concrete progress before implementation. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect this objective and will consolidate our shares in order to change the trading unit for our shares from 1,000 shares to 100 shares and maintain the investment unit at the level considered desirable by the stock exchange, between ¥50,000 and less than ¥500,000.」
The company aims to maintain an investment unit of ¥50,000 or more and less than ¥500,000 by consolidating 10 shares into 1 share, effective 1 September 2017, and changing the trading unit from 1,000 shares to 100 shares.