Adjusting the Investment Unit Through a Share Consolidation and a Change in the Number of Shares Constituting One Trading Unit
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
- FY2019-Q2AchievedAnnual report
「Effective 1 October 2018, the Company conducted a share consolidation at a ratio of 1 share for every 10 common shares. As a result, the total number of shares issued decreased by 13,230,000 to 1,470,000 shares.」
The share consolidation took effect on 1 October 2018, bringing the total number of shares issued to 14.70 million. The number of shares constituting one trading unit also changed from 1,000 to 100. - FY2018First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, the Company respects this objective and will change the number of shares constituting one trading unit for its common shares from 1,000 to 100. In consideration of the investment unit level regarded as desirable by the stock exchange, of at least ¥50,000 and less than ¥500,000, the Company will also conduct a share consolidation at a ratio of 1 share for every 10 common shares. / Effective date of the share consolidation and change in the number of shares constituting one trading unit: 1 October 2018」
In consideration of the investment unit level, the Company introduced a plan, effective 1 October 2018, to consolidate 10 common shares into 1 share and change the number of shares constituting one trading unit from 1,000 to 100.