Change in the number of shares per unit and 10-for-1 share consolidation
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
「At a Board of Directors meeting held on 19 January 2018, the company resolved to submit proposals concerning a share consolidation and a change in the number of shares per trading unit to the 67th Annual General Meeting of Shareholders, held on 27 February 2018. The proposals were approved at the meeting and took effect on 1 June 2018.」
Following approval at a general meeting of shareholders of a share consolidation at a ratio of 10 shares to 1 share and a change in the number of shares constituting one trading unit from 1,000 to 100, the changes took effect on 1 June 2018. - FY2018-Q1AdvancedAnnual report
「At the annual general meeting of shareholders held on 27 February 2018, the Company resolved to submit proposals concerning a share consolidation and a change in the number of shares per trading unit. The proposals were approved at that annual general meeting, and took effect on 1 June 2018.」
The company obtained approval at the annual general meeting of shareholders for a consolidation of shares in which 10 shares will be consolidated into 1 share, and for a change in the number of shares constituting one unit from 1,000 to 100. The effective date is 1 June 2018. - FY2017First statedAnnual report
「Effective 1 June 2018, the number of shares constituting one trading unit of the Company’s common stock will change from 1,000 to 100. Effective 1 June 2018, the Company will consolidate the shares held by shareholders listed or recorded in the final shareholder register as of 31 May 2018 at a ratio of 1 share for every 10 shares.」
The company states that a change in the share trading unit from 1,000 shares to 100 shares, together with a reverse stock split consolidating 10 shares into 1 share, was scheduled to take effect on 1 June 2018.