Lower Investment Unit and Higher Share Liquidity through a Share Split
First written in FY2023-Q1. 2 of 3 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2023-Q3.
- FY2023-Q3AdvancedAnnual report
「Based on a resolution of our Board of Directors at a meeting held on 14 April 2023, we carried out a stock split of our common shares and made partial amendments to our Articles of Incorporation, effective 1 May 2023, as follows.」
It disclosed the resolution and implementation details for splitting 1 share into 3 shares effective 1 May 2023, advancing efforts to lower the investment unit amount, improve share liquidity and expand the investor base. - FY2023-Q2AdvancedAnnual report
「Based on a resolution of our Board of Directors at a meeting held on 28 February 2023, we carried out a stock split of our common shares and made partial amendments to our Articles of Incorporation, effective 17 March 2023, as follows. 1. Purpose of the stock split The purpose is to create an environment in which investors can invest more easily by lowering the investment unit amount for our shares, while improving share liquidity and expanding our investor base.」
It disclosed the resolution and schedule for splitting 1 share into 4 shares effective 17 March 2023, advancing efforts to lower the investment unit amount, improve share liquidity and expand the investor base. - FY2023-Q1First statedAnnual report
「Based on a resolution of our Board of Directors at a meeting held on 12 October 2022, we carried out a stock split of our common shares and made partial amendments to our Articles of Incorporation, effective 1 November 2022, as follows. 1. Purpose of the stock split The purpose is to create an environment in which investors can invest more easily by lowering the investment unit amount for our shares, while improving share liquidity and expanding our investor base. 2. Overview of the stock split (1) Method of the split With 31 October 2022 as the record date, each common share held by shareholders listed or recorded in the final shareholder register on that date was split into 3 shares.」
It describes for the first time the measure of splitting 1 share into 3 shares effective 1 November 2022 to lower the investment unit amount, improve share liquidity and expand the investor base.