Lowering the Minimum Investment Unit and Broadening the Investor Base through a Stock Split
First written in FY2020-Q1. 2 of 6 entries say "Restated". Latest entry: FY2025.
- FY2025AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors meeting held on 10 September 2025, a stock split was conducted effective 1 October 2025 at a ratio of 2 shares for every 1 common share. As a result, the total number of issued shares increased by 6,960,980 to 13,921,960 shares.」
Effective 1 October 2025, a further 1-for-2 stock split following the existing stock splits was conducted, bringing the total number of issued shares to 13,921,960. - FY2022-Q1AdvancedAnnual report
「Effective 1 October 2021, a stock split was conducted at a ratio of 2 shares for every 1 common share. As a result, the total number of issued shares increased by 3,480,490 to 6,960,980 shares.」
Effective 1 October 2021, a further 1-for-2 stock split following the previous stock split was conducted, bringing the total number of issued shares to 6,960,980. - FY2021-Q3RestatedAnnual report
「Effective 1 April 2020, a stock split was conducted at a ratio of 2 shares for every 1 common share.」
The completed 1-for-2 stock split effective 1 April 2020 continued to be documented. - FY2020-Q3RestatedAnnual report
「Effective 1 April 2020, a stock split was conducted at a ratio of 2 shares for every 1 common share. As a result, the total number of issued shares increased by 1,740,245 to 3,480,490 shares.」
The completion of the 1-for-2 stock split effective 1 April 2020 and the total of 3,480,490 issued shares were reconfirmed. - FY2020-Q2AchievedAnnual report
「Effective 1 April 2020, a stock split was conducted at a ratio of 2 shares for every 1 common share. As a result, the total number of issued shares increased by 1,740,245 to 3,480,490 shares.」
Effective 1 April 2020, a stock split of 1 share into 2 shares was conducted, bringing the total number of issued shares to 3,480,490. - FY2020-Q1First statedAnnual report
「The purpose is to improve the liquidity of our shares and further expand our investor base by creating an environment in which investors can invest more easily through a stock split that reduces the investment unit amount. The split will be conducted at a ratio of 2 shares for every 1 common share held by shareholders listed or recorded in the final shareholder register as of Tuesday, 31 March 2020, the record date. Total issued shares after the stock split: 3,480,490 shares Total authorized shares after the stock split: 12,000,000 shares」
A plan was documented for the first time to split 1 share into 2 shares, with 31 March 2020 as the record date and 1 April 2020 as the effective date, thereby reducing the investment unit amount and expanding liquidity and the investor base.