1-for-10 Share Consolidation and Change in the Number of Shares per Trading Unit
First written in FY2019-Q1. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
- FY2019-Q2AchievedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect this objective and will change the trading unit for our common shares from 1,000 shares to 100 shares, while taking into account the investment unit level considered desirable by the stock exchange, between ¥50,000 and ¥500,000, and conduct a share consolidation at a ratio of 1 share for every 10 common shares.」
The share consolidation at a ratio of 10 shares to 1 and the change in the number of shares per unit from 1,000 to 100 took effect on 1 October 2018, completing the plan presented in FY2019-Q1. - FY2019-Q1First statedAnnual report
「At the 84th Annual General Meeting of Shareholders held on 28 June 2018, amendments to the Articles of Incorporation were approved, providing for a consolidation of the Company's common shares at a ratio of 10 shares to 1 and, effective 1 October 2018, the effective date of the share consolidation, a change in the total number of authorized shares from 200,000,000 to 20,000,000.」
The Annual General Meeting of Shareholders approved a share consolidation at a ratio of 10 shares to 1, with the total number of authorized shares and the number of shares per unit to be changed effective 1 October 2018.