Optimizing Investment Units through a Share Consolidation and Change in the Trading Unit
First written in FY2017. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「Pursuant to a resolution of the 94th Annual General Meeting of Shareholders held on 27 June 2017, the company consolidated 5 common shares into 1 common share, effective 1 October 2017. As a result, the total number of issued shares decreased by 44,345,600 to 11,086,400.」
Effective 1 October 2017, 5 shares were consolidated into 1 share, reducing the number of issued shares from 55,432,000 to 11,086,400. The number of shares in a trading unit was also changed from 1,000 shares to 100 shares. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, the company will respect the intent of the action plan and consolidate its shares, while changing the number of shares in a trading unit of its common stock from the current 1,000 shares to 100 shares, with the aim of maintaining the investment unit at the level deemed desirable by the stock exchange, between ¥50,000 and less than ¥500,000.」
The shareholders' meeting approved a policy to consolidate 5 shares into 1 share and change the number of shares in a trading unit from 1,000 shares to 100 shares, effective 1 October 2017.