Share Consolidation and Change in Number of Shares per Trading Unit
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q3. Latest entry: FY2018-Q3.
- FY2018-Q3AchievedAnnual report
「Effective 1 October 2017, the company consolidated its shares at a ratio of 1 share for every 10 common shares. As a result, the number of issued shares decreased by 50,060,629 to 5,562,292.」
The planned share consolidation was implemented on 1 October 2017, reducing the number of issued shares to 5,562,292. The number of shares constituting one trading unit was also changed from 1,000 shares to 100 shares. - FY2018-Q1First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect this policy and will change the number of shares constituting one trading unit of our common shares from 1,000 shares to 100 shares. At the same time, taking into consideration the investment unit value regarded as desirable by the stock exchange, namely ¥50,000 or more but less than ¥500,000, we will consolidate our shares. / Effective 1 October 2017, we will consolidate the shares held by shareholders recorded in the final shareholder registry as of 30 September 2017 at a ratio of 1 share for every 10 common shares.」
The company disclosed a plan, with 1 October 2017 as the effective date, to change the number of shares constituting one trading unit from 1,000 shares to 100 shares and consolidate 10 common shares into 1 share, as a measure to be implemented following approval at the shareholders’ meeting.