Share Consolidation and Change in the Number of Shares per Unit
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「Effective date of share consolidation: 1 October 2017」
The share consolidation at a ratio of 10 shares to 1 share and the change in the number of shares in one trading unit from 1,000 shares to 100 shares took effect on 1 October 2017. - FY2018-Q1AdvancedAnnual report
「At the 54th Annual General Meeting of Shareholders held on 23 June 2017, approval was granted for a share consolidation at a ratio of 1 share for every 10 common shares, with 1 October 2017 as the effective date. The number of shares in one trading unit will also be changed from 1,000 shares to 100 shares on the same date.」
The share consolidation and change in the number of shares in one trading unit received shareholder approval and proceeded to implementation. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect this objective and have decided to change the trading unit for our shares, the number of shares in one trading unit, from 1,000 shares to 100 shares. At the same time, we will conduct a share consolidation at a ratio of 10 shares to 1 share, with the aim of bringing the investment unit for our shares closer to the range considered desirable by stock exchanges, ¥50,000 or more and less than ¥500,000.」
The company announced a plan to consolidate 10 shares into 1 share on 1 October 2017 and change the number of shares in one trading unit from 1,000 shares to 100 shares, with the aim of bringing the investment unit into the desirable range.