Reverse Stock Split and Change in Trading Unit Size
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「As of 1 October 2017, the company consolidated shares at a ratio of 1 share for every 10 shares held, based on the number of shares held by shareholders recorded in the final shareholder registry as of 30 September 2017, effectively 29 September.」
The scheduled 10-for-1 share consolidation was implemented on 1 October 2017, and the number of shares per trading unit was also changed from 1,000 to 100. - FY2018-Q1First statedAnnual report
「At the 130th Annual General Meeting of Shareholders held on 23 June 2017, amendments to the Articles of Incorporation were approved, providing for a 10-for-1 share consolidation of the company's common shares and, as of the effective date of the consolidation, 1 October 2017, changing the total number of authorized shares from 25,000,000 to 2,500,000. Following the share consolidation, the total number of issued shares decreased by 13,500,000 to 1,500,000.」
At the Annual General Meeting of Shareholders, a 10-for-1 share consolidation and a change in the total number of authorized shares were approved, with the changes scheduled to take effect on 1 October 2017.