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Kikukawa Enterprise (6346) · InitiativeRestated

Share consolidation and change in the number of shares per trading unit to reduce the trading unit to 100 shares

First written in FY2019-Q1. 2 of 4 entries say "Restated". Latest entry: FY2019.

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ProgressHeldSoftenedWorseFirst statedFY2019-Q1AchievedFY2019-Q2RestatedFY2019-Q3 – FY20192018: 220182019: 22019
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  1. FY2019RestatedAnnual report

    「On 1 October 2018, the company consolidated its common shares at a ratio of 10 shares to 1 share. As a result, the number of issued shares decreased by 11,880,000 to 1,320,000 shares.」

    The post-implementation status of the share consolidation carried out on 1 October 2018 is being reviewed, with the number of issued shares reduced to 1,320,000.
  2. FY2019-Q3RestatedAnnual report

    「On 1 October 2018, the company consolidated its common shares at a ratio of 10 shares to 1 share. As a result, the number of issued shares decreased by 11,880,000 to 1,320,000 shares.」

    The post-implementation status of the share consolidation carried out on 1 October 2018 is being reviewed, with the number of issued shares reduced to 1,320,000.
  3. FY2019-Q2AchievedAnnual report

    「At its Board of Directors meeting held on 26 April 2018, the company resolved to submit the share consolidation and change in the number of shares per trading unit to the 137th Annual General Meeting of Shareholders held on 28 June 2018. The proposal was approved at that meeting and became effective on 1 October 2018. The company changed the trading unit for its shares from 1,000 shares to 100 shares and carried out a share consolidation at a ratio of 10 common shares to 1 share, taking into consideration the investment unit level of ¥50,000 or more but less than ¥500,000 considered desirable by the stock exchanges.」

    The share consolidation and change in the number of shares per trading unit became effective on 1 October 2018, changing the trading unit from 1,000 shares to 100 shares and consolidating 10 shares into 1 share.
  4. FY2019-Q1First statedAnnual report

    「As a company listed on the Tokyo Stock Exchange and Nagoya Stock Exchange, the company respects this objective and will change the trading unit for its shares from 1,000 shares to 100 shares. At the same time, it will consolidate its shares at a ratio of 10 shares to 1 share in order to maintain the investment unit at the level considered desirable by the stock exchanges, namely ¥50,000 or more but less than ¥500,000. Effective date of the share consolidation and change in the number of shares per trading unit 1 October 2018」

    The company added as a new topic its plan to change the trading unit from 1,000 shares to 100 shares and consolidate 10 shares into 1 share. It explicitly stated that the effective date was 1 October 2018 and that the investment unit would be maintained at ¥50,000 or more but less than ¥500,000.
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Kikukawa Enterprise's next results are scheduled for 2026-11-12. Read the earnings preview
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