Improving share liquidity and broadening the investor base through a share split
First written in FY2019-Q1. 1 of 3 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2024-Q3.
- FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes to the risks associated with existing businesses and other operations. - FY2019-Q2AchievedAnnual report
「Effective 1 September 2018, the Company split each share into 2 shares. As a result, the number of shares increased by 3,013,500 to 6,027,000.」
Implemented a 1:2 stock split to improve liquidity and broaden the investor base, bringing the number of issued shares to 6,027,000. - FY2019-Q1First statedAnnual report
「The purpose is to improve the liquidity of the Company's shares and broaden the investor base. With 31 August 2018 as the record date, the Company will split the shares held by shareholders recorded in the final shareholder register on that date at a ratio of 2 shares for every 1 share held.」
At a meeting of the Board of Directors on 10 August 2018, the Company resolved to conduct a 1:2 stock split, with 1 September 2018 as the effective date.