Lowering the Investment Unit, Improving Liquidity and Expanding the Investor Base through a Stock Split
First written in FY2017-Q2. 3 of 5 entries say "Achieved", first in FY2017. Latest entry: FY2020-Q2.
- FY2020-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 15 November 2019, the Company resolved to conduct a stock split and implemented the split effective 1 January 2020. The details of the stock split are as follows.」
Effective 1 January 2020, 1 common share was split into 2 shares, increasing the total number of issued shares from 16,356,000 to 32,712,000. The measure was implemented to lower the investment unit amount, improve liquidity and broaden the investor base. - FY2018-Q3AchievedAnnual report
「At a meeting of the Board of Directors held on 16 February 2018, the Company resolved to conduct a stock split and implemented the split effective 1 April 2018. The details of the stock split are as follows. 1. Purpose of the stock split The purpose is to improve the liquidity of the Company's shares and broaden its investor base by conducting a stock split to lower the investment unit amount.」
Effective 1 April 2018, 1 common share was split into 2 shares, increasing the total number of issued shares from 7,028,000 to 14,056,000. An additional stock split was conducted to lower the investment unit amount, improve liquidity and broaden the investor base. - FY2017AchievedAnnual report
「Stock splits were conducted at a ratio of 2 shares for every 1 common share, effective 1 January 2017 and 1 June 2017, respectively.」
Two stock splits were conducted, effective 1 January and 1 June 2017, and the total number of issued shares became 6,528,000. - FY2017-Q3AdvancedAnnual report
「The purpose is to improve the liquidity of the Company's shares and broaden its investor base by conducting a stock split to lower the investment unit amount.」
On 8 May 2017, a resolution was passed to split 1 common share into 2 shares, with 31 May 2017 as the record date and 1 June 2017 as the effective date. The total number of issued shares after the split was expected to be 6,528,000, further specifying the existing measures to improve liquidity and broaden the investor base. - FY2017-Q2First statedAnnual report
「The purpose is to improve the liquidity of the Company's shares and broaden its investor base by conducting a stock split to lower the investment unit amount.」
The first disclosure of a measure to improve share liquidity and broaden the investor base by splitting 1 common share into 2 shares effective 1 January 2017 and lowering the investment unit amount.