100-Share Trading Unit and 10-for-1 Share Consolidation
First written in FY2017. 1 of 4 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2026-H1.
- FY2026-H1ReframedAnnual report
「The purpose is to create an environment in which investors can invest more easily and to increase the liquidity of the Company’s shares and further expand its investor base by conducting a share split to lower the amount required per investment unit.」
Separately from the previous change to the trading unit and share consolidation, the Company resolved to conduct a 1-for-2 share split effective 1 January 2026, aiming to lower the investment unit and improve liquidity. - FY2018-Q2AchievedAnnual report
「Effective 1 October 2017, the Company changed the number of shares constituting one unit of its common shares from 1,000 to 100.」
Following approval at the General Meeting of Shareholders, the change to a 100-share trading unit and the 10-for-1 share consolidation took effect, completing the plan. - FY2018-Q1AdvancedAnnual report
「At the 109th Annual General Meeting of Shareholders held on 29 June 2017, the proposal concerning the share consolidation was approved. As a result, effective from the effective date of the share consolidation, 1 October 2017, the number of shares constituting one unit will change from 1,000 to 100.」
Following shareholder approval, the effective date of 1 October 2017 for the change to the 100-share trading unit and the 10-for-1 share consolidation was confirmed. - FY2017First statedAnnual report
「The Company will change the trading unit for its shares (the number of shares constituting one unit) from the current 1,000 shares to 100 shares, and will conduct a share consolidation in which 10 shares will be consolidated into 1 share, taking into consideration the investment unit level of ¥50,000 or more and less than ¥500,000 recommended by the stock exchange.」
Taking the investment unit level into consideration, the Company has announced plans to change the number of shares constituting one unit from 1,000 to 100 on 1 October 2017 and consolidate 10 shares into 1 share.