Share Consolidation and Change in Trading Unit to Optimize the Investment Unit
First written in FY2017. 2 of 5 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026.
- FY2026ReframedAnnual report
「The purpose is to create an environment in which shareholders can invest more easily by lowering the amount required per investment unit, while improving share liquidity and expanding the investor base, including individual investors.」
Following the adjustment of the investment unit through the 2017 share consolidation, the Company split 1 share into 4 effective 1 April 2026 to lower the investment unit, improve liquidity and expand the investor base. - 2026-05-12AdvancedEarnings
「The purpose is to create an environment in which shareholders can invest more easily by lowering the amount required per investment unit, while improving share liquidity and expanding the investor base, including individual investors.」
Regarding the optimization of the investment unit, the Company explains that the stock split implemented on 1 April 2026, rather than a share consolidation, was intended to achieve these objectives. - FY2018-Q2AchievedAnnual report
「Pursuant to a resolution of the 122nd Annual General Meeting of Shareholders held on 29 June 2017, the Company consolidated its common shares at a ratio of 1 share for every 5 shares and changed the number of shares constituting one trading unit from 1,000 to 100, effective 1 October 2017. As a result, the total number of issued shares decreased from 13,029,500 to 2,605,900.」
The share consolidation and change in the number of shares constituting one trading unit were implemented effective 1 October 2017, reducing the total number of issued shares from 13,029,500 to 2,605,900. - FY2018-Q1AdvancedAnnual report
「At the 122nd Annual General Meeting of Shareholders held on 29 June 2017, the Company’s proposals for a share consolidation effective 1 October 2017, at a ratio of 1 common share for every 5 shares, and for changing the number of shares constituting one trading unit from 1,000 to 100 were approved. As a result, the total number of issued shares is expected to decrease from 13,029,500 to 2,605,900.」
The share consolidation and change in the number of shares constituting one trading unit were approved at the general meeting of shareholders, moving the plan toward implementation on 1 October 2017. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect this objective and have decided to change the number of shares per trading unit from 1,000 to 100 effective 1 October of this year. At the same time, to keep the price level per trading unit of our shares within the investment-unit range considered desirable by the stock exchange, between ¥50,000 and less than ¥500,000, we have decided to consolidate every 5 shares into 1 share.」
The Company resolved to change the number of shares per trading unit from 1,000 to 100 and consolidate 5 shares into 1 effective 1 October 2017.