Consolidation of 5 shares into 1 and change of the number of shares in a trading unit to 100

「Accordingly, effective 1 October of the same year, common shares were consolidated at a ratio of 1 share for every 5 shares, and the number of shares constituting one trading unit changed from 1,000 to 100. In connection with this, the total number of shares issued changed from 32,489,845 to 6,497,969.」

「At the 114th Annual General Meeting of Shareholders held on 29 June 2017, a proposal concerning a share consolidation with an effective date of 1 October of the same year was approved. The Company plans to consolidate common shares at a ratio of 1 share for every 5 shares and change the number of shares constituting one trading unit from 1,000 to 100.」

「As a company listed on the Tokyo Stock Exchange, we respect this objective and will change the number of shares constituting one trading unit of our shares from 1,000 to 100, effective 1 October 2017. In connection with this, for the purpose of setting the investment unit within the level considered desirable by the stock exchange, ¥50,000 or more and less than ¥500,000, while taking medium- to long-term share-price movements into account, we will consolidate every 5 common shares into 1 share and change the total number of authorized shares from 80 million to 16 million in proportion to the consolidation ratio.」