Reducing the Investment Unit and Expanding the Investor Base Through a Stock Split
First written in FY2024. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
- FY2025-H1AchievedAnnual report
「Effective 1 October 2024, the Company conducted a stock split at a ratio of 5 shares for each common share. …The purpose is to increase the liquidity of the Company's shares, create an environment that makes investment easier by lowering the investment unit price, and expand the investor base.」
The measure to split 1 common share into 5 shares was implemented on 1 October 2024. The total number of issued shares increased from 3,352,962 to 16,764,810, completing the plan to lower the investment unit price, improve liquidity and expand the investor base. - FY2024First statedAnnual report
「The purpose is to increase the liquidity of the Company's shares, create an environment that makes investment easier by lowering the investment unit price, and expand the investor base. Effective 1 October 2024, the Company will conduct a stock split at a ratio of 5 shares for each common share held by shareholders recorded in the final shareholder register as of 30 September 2024.」
Effective 1 October 2024, the Company split 1 common share into 5 shares, aiming to lower the investment unit price, improve liquidity and expand the investor base. Following the split, the total number of issued shares was expected to be 16,764,810, and the total number of authorized shares 40,000,000.