Lowering the Investment Unit and Increasing Liquidity and the Investor Base Through a Share Split
First written in FY2017-Q2. 2 of 4 entries say "Achieved", first in FY2017-Q3. Latest entry: FY2018-Q3.
- FY2018-Q3AchievedAnnual report
「The company split the common shares held by shareholders listed or recorded in the final shareholder register as of 30 November 2017, at a ratio of 5 shares for every 1 share.」
The 5-for-1 stock split, intended to lower the investment unit, improve liquidity and broaden the investor base, became effective and was carried out on 1 December 2017. - FY2018-Q2RaisedAnnual report
「The company will split the common shares held by shareholders listed or recorded in the final shareholder register as of 30 November 2017, at a ratio of 5 shares for every 1 share.」
Following the previous 2-for-1 stock split, the company decided on a 5-for-1 split. The split is intended to lower the investment unit, improve liquidity and broaden the investor base, with 1 December 2017 as the effective date. - FY2017-Q3AchievedAnnual report
「The company carried out a split of the common shares held by shareholders listed or recorded in the final shareholder register as of 30 November 2016, at a ratio of 2 shares for every 1 share.」
The 2-for-1 stock split, intended to lower the investment unit, improve share liquidity and broaden the investor base, became effective and was completed on 1 December 2016. - FY2017-Q2First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily by lowering the amount required per investment unit in the company's shares and increasing share liquidity, while also broadening the investor base.」
As a significant subsequent event, the company announced a 2-for-1 stock split, with 30 November 2016 as the record date and 1 December 2016 as the effective date, as a means of lowering the investment unit, improving liquidity and broadening the investor base.