Share consolidation and change in the trading unit
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「At a meeting of the board of directors held on 23 May 2017, the company resolved to change the number of shares in one trading unit and partially amend its Articles of Incorporation. It also resolved to submit a proposal concerning a share consolidation (10 shares into 1 share) to the company’s 57th Annual General Meeting of Shareholders held on 29 June 2017. The proposal was approved and adopted at that meeting and became effective on 1 October 2017.」
The share consolidation (10 shares into 1 share) and the change in the number of shares in one trading unit from 1,000 to 100 became effective on 1 October 2017. The measures planned in the previous filing were completed. - FY2018-Q1First statedAnnual report
「At the 57th Annual General Meeting of Shareholders held on 29 June 2017, a proposal concerning a share consolidation (10 shares into 1 share) was approved and adopted. Accordingly, effective 1 October of the same year, the company’s total number of authorized shares will be 20,000,000.」
The plan to implement a share consolidation on 1 October 2017, changing the total number of authorized shares from 200 million to 20 million, was described for the first time. The board of directors’ resolution to change the number of shares in one trading unit from 1,000 to 100 effective on the same date was also disclosed.