Stock split to lower the investment unit and improve liquidity and expand the investor base
First written in FY2020-Q3. 2 of 3 entries say "Achieved", first in FY2020. Latest entry: FY2022-Q2.
- FY2022-Q2AchievedAnnual report
「The purpose was to improve the liquidity of the Company's shares and expand its investor base by lowering the amount required for one investment unit of the Company's shares. With 30 September 2021 as the record date, the Company split the common shares held by shareholders listed or recorded in the final shareholder register on that date at a ratio of 2 shares for every 1 share.」
Effective 1 October 2021, the Company carried out a 1-for-2 stock split, completing the initiatives to lower the investment unit, improve liquidity and expand the investor base. - FY2020AchievedAnnual report
「Effective 1 January 2020, the Company carried out a stock split at a ratio of 2 common shares for every 1 share.」
The 1-for-2 stock split effective 1 January 2020 has been completed, and the initiative to improve liquidity and expand the investor base by lowering the investment unit has been completed. - FY2020-Q3First statedAnnual report
「Based on a resolution adopted at a meeting of the Board of Directors held on 2 December 2019, the Company carried out a stock split and partially amended its Articles of Incorporation in connection with the stock split, effective 1 January 2020. The purpose was to improve the liquidity of the Company's shares and expand its investor base by lowering the amount required for one investment unit of the Company's shares. With 31 December 2019, effectively 30 December 2019, as the record date, the Company split the common shares held by shareholders listed or recorded in the final shareholder register on that date at a ratio of 2 shares for every 1 share.」
Effective 1 January 2020, the Company split its common shares at a ratio of 2 shares for every 1 share, with the aim of improving liquidity and expanding the investor base by lowering the investment unit.