Reducing the Investment Unit, Improving Liquidity and Expanding the Investor Base Through a Stock Split
First written in FY2018-Q3. 1 of 3 entries say "Achieved", first in FY2018. Latest entry: FY2019-Q2.
- FY2019-Q2Cited as achievedAnnual report
「A 1-for-2 stock split of common shares was carried out as of 1 March 2018.」
The 1-for-2 stock split carried out on 1 March 2018 is reiterated in the notes on earnings per share and dividends. - FY2018AchievedAnnual report
「The common shares held by shareholders recorded or registered in the final shareholder register as of 28 February 2018, the record date, were split at a ratio of 2 shares for every 1 share.” Effective date: 1 March 2018」
The previously disclosed 1-for-2 stock split was carried out on 1 March 2018, increasing the total number of issued shares from 4,086,660 to 8,173,320. - FY2018-Q3First statedAnnual report
「The purpose is to lower the investment unit price of the Company's shares through a stock split, create an environment that makes investment more accessible, and improve liquidity and broaden the investor base.” The Company will split the common shares held by shareholders recorded or registered in the final shareholder register as of 28 February 2018, the record date, at a ratio of 2 shares for every 1 share.” Effective date: 1 March 2018」
The first disclosure states that a 1-for-2 stock split, effective 1 March 2018, was decided for the purpose of lowering the investment unit price, improving liquidity and broadening the investor base.