Share Consolidation and Change in Trading Unit to 100 Shares
First written in FY2016. 1 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「Effective 1 July 2017, the company consolidated the shares held by shareholders recorded on the final shareholder register dated 30 June 2017 at a ratio of 1 share for every 10 shares held. Simultaneously with the effectiveness of the share consolidation, the number of shares per trading unit of common stock was changed from 1,000 to 100.」
The share consolidation and the change in the number of shares per trading unit were implemented on 1 July 2017, completing the plan to consolidate 10 shares into 1 share and change the number of shares per trading unit from 1,000 to 100. - FY2018-Q1AdvancedAnnual report
「At the 74th annual general meeting of shareholders held on 30 March 2017, the proposals concerning the share consolidation and the change in the number of shares per trading unit were approved. As a result, upon the effective date of the share consolidation, 1 July 2017, the total number of issued shares is expected to decrease from 126,229,345 to 12,622,934. The number of shares per trading unit will also change from 1,000 to 100.」
The share consolidation and change in the number of shares per trading unit were approved at the annual general meeting of shareholders, with 1 July 2017 specified as the effective date. - FY2016First statedAnnual report
「The company will change the number of shares constituting one trading unit of its common stock from 1,000 shares to 100 shares and, taking into account the investment-unit value range recommended by the stock exchange, of at least ¥50,000 and less than ¥500,000, will also conduct a share consolidation.」
The plan approved at the annual general meeting of shareholders calls for a share consolidation and a change in the number of shares per trading unit, effective 1 July 2017, under which 10 shares will be consolidated into 1 share and the number of shares per trading unit will change from 1,000 to 100.