Change in Share Unit Size and 10-for-1 Share Consolidation
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「Based on the resolution, effective 1 October 2017, we changed the trading unit of common shares from 1,000 shares to 100 shares and consolidated the shares recorded in the final shareholder register as of 30 September of the same year at a ratio of 10 shares to 1.」
The planned change in the trading unit from 1,000 shares to 100 shares and the consolidation of 10 shares into 1 were implemented on 1 October 2017. - FY2018-Q1RestatedAnnual report
「At the 137th Annual General Meeting of Shareholders held on 29 June 2017, the proposal concerning the share consolidation was approved, providing for the consolidation of 10 shares into 1 and the change in the total number of authorized shares from 360,800,000 to 36,080,000. Accordingly, the total number of authorized shares will be 36,080,000 effective 1 October of the same year. In addition, at a meeting of the Board of Directors held on 11 May of the same year, we resolved to change the trading unit of our shares from 1,000 shares to 100 shares effective 1 October of the same year.」
The planned implementation on 1 October 2017 of the share consolidation at a ratio of 10 shares to 1 and the change in the trading unit from 1,000 shares to 100 shares was restated. - FY2017First statedAnnual report
「We decided to change the trading unit of our shares, or the number of shares in one trading unit, from the current 1,000 shares to 100 shares. At the same time, with the aim of adjusting the investment unit to an appropriate level while taking medium- to long-term share-price fluctuations into account, we decided to consolidate our shares at a ratio of 10 shares to 1 share.」
The planned change in the trading unit from 1,000 shares to 100 shares and the consolidation of 10 shares into 1 were stated as a subsequent event approved by the shareholders' meeting, effective 1 October 2017.