Reorganization of the Share System through Share Consolidation and a Change in the Number of Shares per Unit
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 26 May 2017, the company resolved to submit proposals concerning the consolidation of common shares and a change in the number of shares per unit to the 61st Annual General Meeting of Shareholders held on 28 June 2017. The proposals were approved at that meeting and took effect on 1 October 2017.」
The share consolidation and change in the number of shares per unit took place on 1 October 2017. Common shares were consolidated at a ratio of 5 shares to 1 share, and the number of shares per unit changed from 1,000 shares to 100 shares. - FY2018-Q1First statedAnnual report
「At the 61st Annual General Meeting of Shareholders held on 28 June 2017, approval was granted to consolidate the company's common shares at a ratio of 5 shares to 1 share and to amend the Articles of Incorporation, effective 1 October 2017, the effective date of the share consolidation, to change the total number of authorized shares from 144,000,000 shares to 28,800,000 shares.」
The shareholders' meeting approved a share consolidation at a ratio of 1 share for every 5 shares and a change in the total number of authorized shares from 144,000,000 shares to 28,800,000 shares, effective 1 October 2017. The number of shares per unit was also scheduled to change from 1,000 shares to 100 shares.