Review of the Share Structure through a Share Consolidation and Change in Trading Unit
First written in FY2019-Q1. 1 of 2 entries say "Achieved", first in FY2019-Q2. Latest entry: FY2019-Q2.
- FY2019-Q2AchievedAnnual report
「Pursuant to a resolution of the 112th Annual General Meeting of Shareholders held on 27 June 2018, a share consolidation at a ratio of 1 share for every 2 common shares was implemented effective 1 October 2018. As a result, the number of issued shares decreased by 143,927,858 to 143,927,858 shares. Pursuant to a resolution of the Board of Directors meeting held on 26 April 2018, the share unit was changed from 1,000 shares to 100 shares effective 1 October 2018.」
The planned consolidation of 2 shares into 1 and the change in the share unit from 1,000 shares to 100 shares were implemented effective 1 October 2018. - FY2019-Q1First statedAnnual report
「At the 112th Annual General Meeting of Shareholders held on 27 June 2018, approval was granted to reduce the number of authorized shares from 790,029,000 to 395,014,500 upon the effective date of the share consolidation, which consolidates 2 shares into 1, on 1 October 2018. Effective 1 October 2018, the share unit was changed from 1,000 shares to 100 shares.」
The shareholders' meeting approved a plan to consolidate 2 shares into 1, halve the number of authorized shares, and change the share unit from 1,000 shares to 100 shares, with implementation scheduled for 1 October 2018.