Optimizing the Investment Unit Through a Share Consolidation and Change in Trading Unit
First written in FY2018. 1 of 3 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2019-Q2.
- FY2019-Q2AchievedAnnual report
「The company consolidated its common shares at a ratio of 1 share for every 10 shares effective 1 October 2018. As a result, the total number of issued shares decreased by 65,571,722 shares to 7,285,746 shares.」
The share consolidation and change in the trading unit took effect on 1 October 2018. Common shares were consolidated from 10 shares into 1 share, and the trading unit was changed from 1,000 shares to 100 shares. - FY2019-Q1AdvancedAnnual report
「At a meeting of the board of directors held on 10 May 2018, the company resolved to change the trading unit from 1,000 shares to 100 shares effective 1 October 2018 and to partially amend its Articles of Incorporation. It also resolved to submit a proposal for the consolidation of its common shares to the 77th Annual General Meeting of Shareholders held on 28 June 2018, where the proposal was approved.」
The share consolidation and change in the trading unit were approved at the Annual General Meeting of Shareholders. Preparations for implementation on 1 October 2018 progressed. - FY2018First statedAnnual report
「Effective 1 October 2018, the number of shares held by shareholders recorded on the final shareholder register as of 30 September 2018 will be consolidated at a ratio of 1 share for every 10 shares.」
The company resolved to consolidate 10 shares into 1 share on 1 October 2018 and change the trading unit from 1,000 shares to 100 shares, taking into account the investment unit level and the exchange's policy of standardising trading units.