Optimizing the Investment Unit Through Reverse Stock Splits and Changes in the Number of Shares per Trading Unit
First written in FY2017. 3 of 6 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2026-H1.
- FY2026-H1AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 13 May 2025, the Company conducted a share split effective 1 October 2025. Using 30 September 2025 as the record date, it split each 1 common share of the Company held by shareholders recorded in the final shareholder register as of that date into 2 shares.」
A 1-for-2 share split aimed at lowering the investment unit, improving liquidity and expanding the investor base was carried out effective 1 October 2025. - FY2024-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 11 May 2023, the Company conducted a share split effective 1 October 2023. Using 30 September 2023 as the record date, it split each 1 common share of the Company held by shareholders recorded in the final shareholder register as of that date into 4 shares.」
The 1-for-4 share split decided in May 2023 was carried out on 1 October 2023, increasing the total number of issued shares from 4,466,273 to 17,865,092. - FY2023AdvancedAnnual report
「Using 30 September 2023 as the record date, the Company will conduct a share split at a ratio of 4 shares for every 1 common share of the Company held by shareholders recorded in the final shareholder register as of that date. The purpose of the share split is to create a more accessible investment environment by lowering the investment amount per unit of the Company’s shares, thereby improving liquidity and further broadening the investor base.」
Following the 2017 share consolidation and change in the number of shares per share unit, the Company decided to conduct a 1-for-4 share split effective 1 October 2023, with the aim of lowering the investment unit and expanding liquidity and the investor base. - FY2018-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 29 May 2017, the Company resolved to change the number of shares per share unit and partially amend its Articles of Incorporation. It also resolved to submit a proposal concerning the share consolidation to the 129th Annual General Meeting of Shareholders held on 27 June 2017. The proposal was approved at that meeting, and the changes took effect on 1 October 2017.」
Following approval at the general meeting of shareholders, the share consolidation from 10 shares to 1 share and the change in the number of shares per share unit from 1,000 to 100 took effect on 1 October 2017. - FY2018-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 May 2017, the Company resolved to change the number of shares per share unit and partially amend its Articles of Incorporation. It also resolved to submit a proposal concerning the share consolidation to the 129th Annual General Meeting of Shareholders held on 27 June 2017, where the proposal was approved.」
The Company obtained shareholder approval for the share consolidation and change in the number of shares per share unit. It specifically disclosed plans to consolidate 10 shares into 1 share and change the number of shares per share unit from 1,000 to 100 on 1 October 2017. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we also respect this policy and will change the trading unit of our shares, or the number of shares per share unit, from the current 1,000 shares to 100 shares. At the same time, we will consolidate our shares at a ratio of 10 shares to 1 share, with the aim of setting the investment unit within the level considered desirable by the stock exchange, from ¥50,000 to less than ¥500,000.」
The Company plans to change the number of shares per share unit from 1,000 to 100 and consolidate 10 shares into 1 share, effective 1 October 2017.