Improving Liquidity and Expanding the Investor Base Through Stock Splits
First written in FY2017-Q2. 3 of 6 entries say "Achieved", first in FY2017-Q3. Latest entry: FY2021-Q2.
- FY2021-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors at its meeting held on 10 March 2021, the company conducted a stock split effective 1 April 2021. Common shares were split at a ratio of 2 shares for every 1 share.」
Implemented a 1-for-2 stock split on 1 April 2021 to lower the investment unit, improve share liquidity, and expand the investor base. - FY2018RestatedAnnual report
「A 1-for-3 stock split of common shares was conducted effective 1 April 2018.」
The full-year report also confirms the implementation of the stock split intended to lower the investment unit. - FY2018-Q2AchievedAnnual report
「With 31 March 2018 as the record date, the company conducted a stock split at a ratio of 3 shares for every 1 common share held by shareholders listed or recorded in the final shareholder register on that date.」
States that the 1-for-3 stock split, effective 1 April 2018, was implemented, completing the measures to improve share liquidity and expand the investor base by lowering the investment unit. - FY2018-Q1AdvancedAnnual report
「At its Board of Directors meeting held on 13 February 2018, the company resolved as set out below to conduct a stock split and make certain amendments to the Articles of Incorporation in connection with the stock split. The objective is to expand the investor base by lowering the investment amount per investment unit in the company’s shares, thereby improving the liquidity of the shares and creating an environment in which investors can invest more easily. With 31 March 2018 as the record date, the company will conduct a stock split at a ratio of 3 shares for every 1 common share held by shareholders listed or recorded in the final shareholder register on that date.」
Resolved to conduct a 1-for-3 stock split, with 31 March 2018 as the record date and 1 April 2018 as the effective date, with the objectives of lowering the investment unit, improving liquidity, and expanding the investor base. - FY2017-Q3AchievedAnnual report
「Following the 1-for-3 stock split effective 1 April 2017, the total number of shares outstanding increased by 2,592,200 shares.」
States that a 1-for-3 stock split was implemented effective 1 April 2017, resulting in an increase of 2,592,200 shares in the total number of shares outstanding. - FY2017-Q2First statedAnnual report
「The objective is to expand the investor base by lowering the investment amount per investment unit in the company’s shares, thereby improving the liquidity of the shares and creating an environment in which investors can invest more easily.」
States the implementation, effective 1 April 2017, of a 1-for-3 stock split as a measure to improve share liquidity and expand the investor base by lowering the investment unit.