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Otani Kogyo (5939) · InitiativeRestated

Change in Trading Unit and Share Consolidation

First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2019.

6entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018-Q1RestatedFY2018-Q3 – FY20192017: 320172018: 220182019: 12019
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  1. FY2019RestatedAnnual report

    「As of 1 October 2017, the Company consolidated its common shares at a ratio of 10 shares to 1 share.」

    The number of shares and the number of shares constituting one unit after the share consolidation dated 1 October 2017 are reconfirmed in the key management indicators and share information.
  2. FY2018RestatedAnnual report

    「As of 1 October 2017, the Company consolidated its common shares at a ratio of 10 shares to 1 share. As a result, the total number of issued shares decreased by 7,920,000 to 880,000.」

    The total number of issued shares after the share consolidation and change in the number of shares constituting one unit dated 1 October 2017, 880,000, is also confirmed in the full-year report.
  3. FY2018-Q3RestatedAnnual report

    「As of 1 October 2017, the Company consolidated its common shares at a ratio of 10 shares to 1 share. As a result, the total number of issued shares decreased by 7,920,000 to 880,000.」

    The share consolidation from 10 shares to 1 share and the change in the total number of issued shares to 880,000, both dated 1 October 2017, are reconfirmed as completed.
  4. FY2018-Q2AchievedAnnual report

    「As of 1 October 2017, the number of shares constituting one unit was changed from 1,000 to 100.」

    The change in the number of shares constituting one unit from 1,000 to 100 was implemented on 1 October 2017, and the share consolidation also became effective on the same date.
  5. FY2018-Q1RestatedAnnual report

    「At the 78th Annual General Meeting of Shareholders held on 28 June 2017, amendments to the Articles of Incorporation were approved stipulating that the Company’s common shares would be consolidated at a ratio of 10 shares to 1 share and that, as of the effective date of the share consolidation, 1 October 2017, the total number of authorised shares would be changed from 28,000,000 to 2,800,000.」

    The plan for the share consolidation and change in the number of shares constituting one unit is reiterated. It states that the effective date is 1 October 2017, that 10 shares will be consolidated into 1 share, and that the total number of authorised shares will be changed.
  6. FY2017First statedAnnual report

    「As described above under “1. Change in the Number of Shares per Unit,” when changing the number of shares per unit from 1,000 to 100, the Company will consolidate its shares at a ratio of 1 share for every 10 shares so that the investment unit of the Company's shares remains within the level considered desirable by the stock exchange (¥50,000 or more and less than ¥500,000) and the number of voting rights held by shareholders does not change.」

    A plan was approved to change the number of shares per unit from 1,000 to 100 and consolidate the shares at a ratio of 1 share for every 10 shares, with 1 October 2017 set as the implementation date.
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Change in Trading Unit and Share Consolidation | OTANI KOGYO CO.,LTD. (5939) | Komori