Adjusting the investment unit through a share consolidation and changes to the trading unit
First written in FY2019-Q1. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
- FY2019-Q2AchievedAnnual report
「At the 152nd Annual General Meeting of Shareholders held on 22 May 2018, the share consolidation was approved. Accordingly, effective 1 September 2018, we consolidated our common shares at a ratio of 1 share for every 2 shares. Effective the same date, we also changed the number of shares constituting one unit from 1,000 to 100.」
The planned consolidation of 2 shares into 1 share and the change in the number of shares constituting one unit from 1,000 to 100 were implemented on 1 September 2018. - FY2019-Q1First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect the intent of this policy and resolved to change the trading unit for our shares, the number of shares constituting one unit, from the current 1,000 shares to 100 shares effective 1 September 2018 (Heisei 30). In addition, we will consolidate our shares at a ratio of 2 shares to 1 share, with the aim of adjusting the investment unit to an appropriate level while taking into account medium- to long-term share-price movements and other factors.」
The share consolidation and change in the number of shares constituting one unit approved at the General Meeting of Shareholders are explicitly stated, including the effective date of 1 September 2018, the consolidation of 2 shares into 1 share, and the change in the number of shares constituting one unit from 1,000 to 100.