The Imamura Securities (7175) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity and Expanding the Investor Base through Stock Splits
First written in FY2022-Q2. 1 of 2 entries say "Achieved", first in FY2022. Latest entry: FY2022.
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- FY2022AchievedAnnual report
「Effective 1 October 2021, the Company conducted a stock split at a ratio of 2 shares for every 1 common share.」
The 1-for-2 stock split effective 1 October 2021 had been completed, increasing the number of issued shares from 2.66 million to 5.32 million. - FY2022-Q2First statedAnnual report
「Based on a resolution of the Board of Directors meeting held on 10 August 2021, the Company conducted a stock split and partially amended its Articles of Incorporation effective 1 October 2021. The purpose was to improve the liquidity of the Company's shares and broaden its investor base by reducing the investment unit and creating an environment in which investors could invest more easily in the Company's shares.」
Effective 1 October 2021, the Company split 1 common share into 2 shares, explicitly stating that the purpose was to improve share liquidity and broaden the investor base by lowering the investment unit.