Adjusting the Investment Unit Through Share Consolidation and Changes to the Share Unit
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「At a Board of Directors meeting held on 9 May 2017, the Company resolved to submit proposals concerning changes to the trading unit, a share consolidation and partial amendments to the Articles of Incorporation to the 142nd Annual General Meeting of Shareholders held on 29 June 2017. The proposals were approved at the meeting and took effect on 1 October 2017.」
The change in the trading unit from 1,000 shares to 100 shares and the share consolidation of 5 common shares into 1 share took effect on 1 October 2017. - FY2018-Q1AdvancedAnnual report
「At a Board of Directors meeting held on 9 May 2017, the Company resolved to submit proposals concerning changes to the trading unit, a share consolidation and partial amendments to the Articles of Incorporation to the 142nd Annual General Meeting of Shareholders held on 29 June 2017. The proposals were approved at the meeting.」
The change in the trading unit and the share consolidation of 5 shares into 1 share were approved at the Annual General Meeting of Shareholders on 29 June 2017 following submission to the Board of Directors. They were scheduled to take effect on 1 October 2017. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, the Company respects this objective and has decided to change the trading unit from 1,000 shares to 100 shares and, while taking medium- to long-term share price movements into consideration, conduct a share consolidation of 5 shares into 1 share to adjust the investment unit to an appropriate level.」
It was approved that, effective 1 October 2017, the trading unit would be changed from 1,000 shares to 100 shares and a share consolidation of 5 shares into 1 share would be conducted.