Measures to Standardize Trading Units Through Share Consolidation and Changes to the Number of Shares per Trading Unit
First written in FY2018-Q1. 2 of 3 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2021.
- FY2021AchievedAnnual report
「The purpose is to create an environment in which investors can invest more easily and improve the liquidity of the Company’s shares by conducting a share split to reduce the investment amount per trading unit.」
Effective 1 April 2021, the Company split each share into 4 shares, reducing the investment unit and improving share liquidity. This followed the earlier share consolidation and change in the number of shares per trading unit as a measure addressing trading and investment units. - FY2018-Q2AchievedAnnual report
「The proposal concerning the consolidation of common shares was approved at the same general meeting of shareholders, and both measures took effect on 1 October 2017.」
The share consolidation and change in the number of shares per trading unit were implemented on 1 October 2017, moving from the planning stage to completion. The shares were consolidated on a 10-for-1 basis, and the number of shares per trading unit was changed from 1,000 to 100. - FY2018-Q1First statedAnnual report
「In line with this objective, effective 1 October 2017, we changed the number of shares constituting one trading unit from 1,000 to 100 and, at the same time, consolidated the Company’s shares on a 10-for-1 basis to maintain the price level per trading unit after the change in the number of shares per unit.」
To improve convenience for investors and standardize trading units, the Company decided to change the number of shares per trading unit from 1,000 to 100 on 1 October 2017, while simultaneously consolidating the shares on a 10-for-1 basis. The measures were approved at the Annual General Meeting of Shareholders, and the effective date was specified.