Towa (6315) · InitiativeRestated
Lowering the Investment Unit Through a Stock Split and Improving Stock Liquidity
First written in FY2025-H1. 1 of 2 entries say "Restated". Latest entry: FY2025.
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- FY2025RestatedAnnual report
「Effective 1 October 2024, the company conducted a stock split at a ratio of 3 shares for every 1 common share.」
The annual report confirmed that the total number of issued shares following the 1-for-3 stock split was 75,140,556, along with the post-split share structure. - FY2025-H1First statedAnnual report
「The purpose is to create an environment that makes investment more accessible by reducing the investment unit through a stock split, thereby broadening the investor base and improving the liquidity of the company’s shares.」
On 1 October 2024, the company implemented a 1-for-3 split of its common shares, increasing the total number of issued shares from 25,046,852 to 75,140,556. The purpose was to lower the investment unit, broaden the investor base and improve share liquidity.