Lowering the Investment Unit and Expanding the Investor Base Through a Stock Split
First written in FY2025-Q1. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
- FY2025-H1AchievedAnnual report
「At a meeting of the Board of Directors held on 14 June 2024, the company resolved to conduct a stock split and partially amend its Articles of Incorporation in connection with the stock split. The split became effective on 1 August 2024.」
The 1-for-5 stock split became effective on 1 August 2024, bringing the measures aimed at reducing the investment unit, increasing liquidity and expanding the investor base into the implementation stage. - FY2025-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 14 June 2024, the company resolved to conduct a stock split and partially amend its Articles of Incorporation in connection with the stock split. The purpose of the stock split is to increase share liquidity, create an environment in which more investors, including individual investors, can invest more easily by reducing the investment unit, and expand the investor base. Each common share held by shareholders recorded on the final shareholder register dated 31 July 2024 will be split into 5 shares, with the effective date set as 1 August 2024.」
The company resolved to conduct a 1-for-5 stock split aimed at reducing the investment unit, increasing share liquidity and expanding the investor base.