Lowering the Investment Unit, Improving Liquidity and Expanding the Investor Base Through a Stock Split
First written in FY2021-Q3. 1 of 2 entries say "Achieved", first in FY2021. Latest entry: FY2021.
- FY2021AchievedAnnual report
「Effective 1 October 2021, the common shares held by shareholders listed or recorded in the shareholder registry as of 30 September 2021 were split at a ratio of 2 shares for every 1 share.」
A 1-for-2 share split was implemented effective 1 October 2021, completing the measure intended to lower the investment unit price and improve liquidity. - FY2021-Q3First statedAnnual report
「The purpose of the share split is to lower the investment unit price of the Company's shares, improve share liquidity, create a more accessible investment environment for investors, and expand the investor base. Effective as of 1 October 2021, the Company will split the common shares held by shareholders listed or recorded in the shareholder registry as of the record date of 30 September 2021 at a ratio of 2 shares for every 1 share. The effective date is 1 October 2021.」
A 1-for-2 share split, effective 1 October 2021, was approved. The purposes were to lower the investment unit price, improve share liquidity, and expand the investor base; the total number of authorized shares will also change from 19,869,400 to 39,738,800.