Share Consolidation and Change in Trading Unit
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「The share consolidation and change in the number of shares constituting one trading unit became effective on 1 October 2017.」
The approved consolidation of 10 common shares into 1 and change in the number of shares constituting one trading unit from 1,000 to 100 became effective on 1 October 2017. - FY2018-Q1AdvancedAnnual report
「At the 115th Annual General Meeting of Shareholders held on 29 June 2017, the company received approval for proposals concerning a share consolidation effective 1 October 2017, at a ratio of 1 share for every 10 common shares, and a change in the number of shares constituting one trading unit from 1,000 to 100.」
The proposals for the share consolidation and change in the number of shares constituting one trading unit were approved at the General Meeting of Shareholders, progressing toward implementation on 1 October 2017. - FY2017First statedAnnual report
「As a listed company, the company decided to change the number of shares constituting one trading unit of its stock from 1,000 to 100. At the same time, it carried out a share consolidation at a ratio of 10 shares to 1 to bring the investment unit for the shares within the level deemed desirable by the stock exchange, from ¥50,000 to less than ¥500,000.」
The company decided to standardize the trading unit at 100 shares and consolidate 10 shares into 1, effective 1 October 2017.