Lowering the Investment Unit, Broadening the Investor Base and Improving Liquidity Through a Stock Split
First written in FY2018-Q1. 3 of 5 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2022.
- FY2022AchievedAnnual report
「The Company conducted a 2-for-1 split of its common shares, effective 20 April 2022.」
The 2-for-1 share split effective 20 April 2022 was completed, bringing the total number of issued shares to 30,102,454. Implementation of measures to lower the investment unit price and improve liquidity was confirmed. - FY2022-Q3AdvancedAnnual report
「On 20 April 2022, the Company conducted a 2-for-1 split of its common shares.」
The implementation on 20 April 2022 of a 2-for-1 share split aimed at lowering the investment unit price, broadening the investor base and improving share liquidity was disclosed. - FY2018-Q2AchievedAnnual report
「Based on a resolution adopted at a meeting of the Board of Directors held on 13 November 2017, the Company conducted the following share split to improve the liquidity of its shares and broaden its investor base.」
The completion of the share split, whose stated objectives were to improve share liquidity and broaden the investor base, is disclosed as a significant subsequent event. - FY2018-Q2AchievedAnnual report
「Effective 1 January 2018, the number of shares held by shareholders recorded in the shareholder registry as of 31 December 2017 will be split at a ratio of 2 shares for every 1 share.」
The previously approved share split was implemented on 1 January 2018, increasing the total number of issued shares by 6,471,540 to 12,943,080. - FY2018-Q1First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily by conducting a share split to lower the investment unit price, while broadening the investor base and improving share liquidity. 2. Share split ratio and effective date: Effective 1 January 2018, the number of shares held by shareholders recorded in the shareholder registry as of 31 December 2017 will be split at a ratio of 2 shares for every 1 share.」
A resolution was adopted to split 1 share into 2 shares effective 1 January 2018, with the aim of lowering the investment unit price, broadening the investor base and improving share liquidity.