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Araya Industrial (7305) · InitiativeAchieved

Share Consolidation and Change in the Number of Shares per Unit

First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.

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1years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2018-Q12017: 22017
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  1. FY2018-Q2AchievedAnnual report

    「Pursuant to a resolution at the 153rd Annual General Meeting of Shareholders held on 28 June 2017, the Company carried out a share consolidation on 1 October of the same year, consolidating 10 shares into 1 share and changing the total number of authorized shares from 160 million to 16 million. As a result, the total number of authorized shares decreased by 144,000,000 to 16,000,000.」

    On 1 October 2017, the Company carried out a share consolidation at a ratio of 10 shares to 1 share and changed the total number of authorized shares from 160 million to 16 million. The share unit was also changed from 1,000 shares to 100 shares.
  2. FY2018-Q1First statedAnnual report

    「At the 153rd Annual General Meeting of Shareholders held on 28 June 2017, a proposal concerning a share consolidation was approved, under which 10 shares would be consolidated into 1 share and the total number of authorized shares would be changed from 160 million to 16 million. Accordingly, as of 1 October of the same year, the Company's total number of issued shares will be 6,045,326. In addition, at a meeting of the Board of Directors held on 12 May of the same year, the Company resolved to change its share unit from 1,000 shares to 100 shares as of 1 October of the same year.」

    The Company has presented a plan to consolidate 10 shares into 1 share, change the total number of authorized shares from 160 million to 16 million, and change the share unit from 1,000 shares to 100 shares, with 1 October 2017 as the effective date.
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Share Consolidation and Change in the Number of Shares per Unit | ARAYA INDUSTRIAL CO.,LTD. (7305) | Komori