Share Consolidation and Changes to the Share Unit
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 12 May 2017, the Company resolved to submit proposals concerning a share consolidation and a change in the number of shares constituting one unit to the 68th Annual General Meeting of Shareholders held on 28 June 2017. The proposals were approved at that meeting and took effect on 1 October 2017. Effective 1 October 2017, the number of shares held by shareholders recorded in the shareholder register as of 30 September 2017 will be consolidated at a ratio of 1 share for every 10 shares.」
The share consolidation and change in the number of shares constituting one unit were implemented on 1 October 2017 following shareholder approval, completing the planned consolidation of 10 shares into 1. - FY2018-Q1First statedAnnual report
「At the 68th Annual General Meeting of Shareholders held on 28 June 2017, proposals concerning a share consolidation were approved. As a result, effective 1 October 2017, the Company will consolidate 10 shares of its common stock into 1 share, and the total number of authorized shares will be 4,000,000. In addition, at the 68th Annual General Meeting of Shareholders held on 28 June 2017, a proposal concerning amendments to the Articles of Incorporation was approved. As a result, effective 1 October 2017, the number of shares constituting one unit will change from 1,000 shares to 100 shares.」
The Company has stated for the first time that the share consolidation and amendments to the Articles of Incorporation were approved at the Annual General Meeting of Shareholders, and that, effective 1 October 2017, 10 shares would be consolidated into 1 and the number of shares constituting one unit would change from 1,000 to 100.