Optimizing the Investment Unit through a Share Consolidation and Change in the Number of Shares per Unit
First written in FY2019-Q2. 1 of 3 entries say "Achieved", first in FY2019-Q3. Latest entry: FY2019.
- FY2019RestatedAnnual report
「Effective 1 October 2018, the Company conducted a share consolidation at a ratio of 1 common share for every 10 common shares. Pursuant to a resolution at the 89th Annual General Meeting of Shareholders held on 27 June 2018, the number of shares in a trading unit was changed from 1,000 to 100 effective 1 October 2018.」
The annual report reconfirms that the share consolidation and change in the number of shares in a trading unit had been implemented effective 1 October 2018. - FY2019-Q3AchievedAnnual report
「Effective 1 October 2018, the Company conducted a share consolidation at a ratio of 1 common share for every 10 common shares. Pursuant to a resolution at the 89th Annual General Meeting of Shareholders held on 27 June 2018, the number of shares in a trading unit was changed from 1,000 to 100 effective 1 October 2018.」
The third-quarter report confirms that the share consolidation and change in the number of shares in a trading unit were implemented effective 1 October 2018. - FY2019-Q2First statedAnnual report
「The Company has consolidated its common shares to change the number of shares in a trading unit from 1,000 to 100, with the aim of setting the investment unit at the level considered desirable by the stock exchange, between ¥50,000 and less than ¥500,000. Effective 1 October 2018, the number of shares held by shareholders recorded in the shareholder registry as of 30 September 2018 was consolidated at a ratio of 1 share for every 10 shares.」
Effective 1 October 2018, the Company consolidated 10 shares into 1 and changed the number of shares in a trading unit from 1,000 to 100. The Company stated that the purpose was to set the investment unit at the ¥50,000 to less than ¥500,000 level considered desirable by the stock exchange.