Lowering the Investment Unit and Improving Liquidity Through a Share Split
First written in FY2022-Q3. 1 of 3 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2024.
- FY2024AchievedAnnual report
「As of the record date of 31 March 2024, each common share held by shareholders listed or recorded in the final shareholder register on that date was split into 2 shares.」
Completed the stock split of 1 share into 2 shares effective 1 April 2024, reducing the investment unit and improving liquidity. - FY2024-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 8 February 2024, we resolved to conduct a stock split and make a partial amendment to the Articles of Incorporation in connection with the stock split. 1. Purpose of the stock split The purpose is to improve the liquidity of our shares and broaden the investor base by reducing the amount required per investment unit. 2. Overview of the stock split (1) Method of the stock split As of the record date of 31 March 2024, each common share held by shareholders listed or recorded in the final shareholder register on that date will be split into 2 shares.」
Resolved to split 1 common share into 2 shares, with 31 March 2024 as the record date and 1 April as the effective date. The purpose is to improve liquidity and broaden the investor base by reducing the investment unit. - FY2022-Q3First statedAnnual report
「The purpose is to improve the liquidity of our shares and broaden the investor base by reducing the amount required per investment unit. On 1 January 2022, we split each common share into 2 shares.」
Split 1 share into 2 shares effective 1 January 2022, with the aim of improving share liquidity and broadening the investor base by reducing the investment unit.