Reverse Stock Split to Improve the Investment Unit
First written in FY2024-Q1. 1 of 3 entries say "Achieved", first in FY2024-Q2. Latest entry: FY2024-Q3.
- FY2024-Q3Cited as achievedAnnual report
「Effective 1 October 2023, a share consolidation was carried out at a ratio of 1 share for every 2 common shares. As a result, the number of issued shares decreased by 18,248,268 to 18,248,269 shares.」
The company continues to disclose that the 1-for-2 share consolidation intended to improve the investment unit has been completed, together with the number of issued shares following the consolidation. - FY2024-Q2AchievedAnnual report
「Effective 1 October 2023, a share consolidation was carried out at a ratio of 1 share for every 2 common shares. As a result, the number of issued shares decreased by 18,248,268 to 18,248,269 shares.」
The previously announced share consolidation at a ratio of 1 share for every 2 shares, intended to improve the investment unit, was carried out effective 1 October 2023. - FY2024-Q1First statedAnnual report
「The Company's share price and investment unit were below the level considered desirable under the Tokyo Stock Exchange's Securities Listing Regulations, and the share consolidation is intended to improve these conditions.” “Consolidation ratio: 1 share for every 2 shares” “Effective date: 1 October 2023」
To improve the levels of the share price and investment unit, the proposal to consolidate common shares at a ratio of 1 share for every 2 shares was approved at the general meeting of shareholders, with 1 October 2023 specified as the effective date.