Reducing the Trading Unit to 100 Shares and a 10-for-1 Share Consolidation
First written in FY2018-Q1. 2 of 4 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2024.
- FY2024AchievedAnnual report
「The company conducted a share split at a ratio of 10 shares for each common share effective 1 April 2024.」
The 10-for-1 share split effective 1 April 2024 took effect, implementing the measure aimed at reducing the investment unit amount and broadening the investor base. - FY2024-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 6 February 2024, the company resolved to conduct a share split at a ratio of 10 shares for each common share, effective 1 April 2024.」
The company resolved to split each common share into 10 shares, effective 1 April 2024, to reduce the investment unit amount and broaden its investor base. - FY2018-Q2AchievedAnnual report
「1 October 2017: Effective date of the change in trading unit, share consolidation and partial amendment to the Articles of Incorporation」
The change in the trading unit from 1,000 shares to 100 shares and the consolidation of 10 common shares into 1 share took effect on 1 October 2017, completing the plan. - FY2018-Q1First statedAnnual report
「In line with the purpose of this initiative, the company decided to change its trading unit from 1,000 shares to 100 shares effective 1 October of this year. Accordingly, to maintain the price level per trading unit of the company's shares after the change and ensure that the number of voting rights held by shareholders would not change, the company decided to consolidate its shares at a ratio of 10 shares to 1 share (the "Share Consolidation").」
To improve investor convenience, the company changed its trading unit from 1,000 shares to 100 shares effective 1 October 2017, and consolidated 10 shares into 1 to maintain the share price level and number of voting rights. The measure was approved at the general meeting of shareholders held on 22 June 2017.