Adjusting the investment unit through a reverse stock split and a change in the number of shares per trading unit
First written in FY2017. 1 of 3 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「Effective 1 September 2017, the trading unit was changed from 1,000 shares to 100 shares, 10 common shares were consolidated into 1 share, and the total number of authorized shares was changed from 1,000,000,000 shares to 100,000,000 shares.」
The share consolidation and change in the trading unit approved at the general meeting of shareholders were implemented effective 1 September 2017. - FY2018-Q1AdvancedAnnual report
「At the 123rd annual general meeting of shareholders held on 25 May 2017, the Company approved and adopted a share consolidation effective 1 September 2017, at a ratio of 1 share for every 10 common shares, and a change in the trading unit from 1,000 shares to 100 shares.」
The plan for the share consolidation and change in the trading unit was approved and adopted at the general meeting of shareholders, advancing preparations for implementation on 1 September 2017. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect this policy and will change the trading unit for our common shares from the current 1,000 shares to 100 shares. We will also consolidate the shares so that, after the change in the trading unit, the investment unit remains within the level considered desirable by the nationwide securities exchanges, from ¥50,000 to less than ¥500,000.」
The plan states that, effective 1 September 2017, 10 common shares will be consolidated into 1 share and the trading unit will be changed from 1,000 shares to 100 shares.