Share Consolidation and Change in the Trading Unit
First written in FY2017. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「On 1 October 2017, a share consolidation was carried out at a ratio of 1 common share for every 10 shares. As a result, the number of issued shares decreased by 44,079,508 to 4,897,723. The number of shares constituting one trading unit was changed from 1,000 to 100.」
The planned consolidation of 10 common shares into 1 share and the change in the number of shares constituting one trading unit from 1,000 to 100 were implemented on 1 October 2017. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect this policy and will change the trading unit for our common shares from the current 1,000 shares to 100 shares. We will also consolidate the shares so that, after the change in the trading unit, the investment unit remains within the level considered desirable by the nationwide securities exchanges, from ¥50,000 to less than ¥500,000.」
Following approval at the General Meeting of Shareholders, the Company planned to consolidate 10 common shares into 1 share on 1 October 2017 and change the number of shares constituting one trading unit from 1,000 to 100.