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Kanematsu (8020) · InitiativeAchieved

Share Consolidation and Change in Share Unit

First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2018-Q2.

3entries
1years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018-Q12017: 32017
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  1. FY2018-Q2AchievedAnnual report

    「As of 1 October 2017, the total number of issued shares decreased by 338,000,808 to 84,500,202 shares. In addition, a resolution was passed to partially amend the Articles of Incorporation, and as of 1 October 2017, the number of shares per unit was changed from 1,000 shares to 100 shares.」

    The share consolidation of 5 common shares into 1 share and the change in the number of shares per unit from 1,000 shares to 100 shares took effect on 1 October 2017.
  2. FY2018-Q1RestatedAnnual report

    「At the 123rd Annual General Meeting of Shareholders held on 23 June 2017, resolutions were passed to consolidate the Company’s shares at a ratio of 1 share for every 5 shares and to partially amend the Articles of Incorporation. Effective 1 October 2017, the effective date of the share consolidation, the total number of authorised shares will be 200,000,000.」

    The effective date of 1 October 2017 and the post-change total number of authorised shares were reconfirmed in relation to the share consolidation and the change in the number of shares in a trading unit.
  3. FY2017First statedAnnual report

    「Effective 1 October 2017, the number of shares in a trading unit will change from 1,000 shares to 100 shares. On the same date, the Company will consolidate its shares at a ratio of 1 share for every 5 common shares, and the total number of authorised shares will change from 1,016,653,604 to 200,000,000.」

    The Company decided to change the trading unit from 1,000 shares to 100 shares and consolidate its shares at a ratio of 1 share for every 5 shares effective 1 October 2017, with the aim of bringing the investment unit to a desirable level.
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Kanematsu's next results are scheduled for 2026-11-05. Read the earnings preview
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Share Consolidation and Change in Share Unit | KANEMATSU CORPORATION (8020) | Komori