Change in the Number of Shares in a Trading Unit and Share Consolidation
First written in FY2018-Q3. 1 of 3 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2019-Q2.
- FY2019-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 9 February 2018, the Company resolved to submit proposals concerning the share consolidation and the change in trading unit size to the 106th Annual General Meeting of Shareholders held on 28 June 2018. The proposals were approved at that meeting and took effect on 1 October 2018.」
The share consolidation and change in trading unit size, previously described as plans approved by the General Meeting of Shareholders, are stated to have taken effect on 1 October 2018. - FY2019-Q1AdvancedAnnual report
「At the 106th Annual General Meeting of Shareholders held on 28 June 2018, amendments to the Articles of Incorporation were approved, providing for the consolidation of 10 common shares into 1 and, as of the effective date of the share consolidation, 1 October 2018, changing the total number of authorized shares from 40,000,000 to 4,000,000.」
The change in trading unit size and share consolidation previously disclosed as a plan were approved through amendments to the Articles of Incorporation at the Annual General Meeting of Shareholders on 28 June 2018. The effective date was 1 October 2018, and implementation itself was scheduled for a future date. - FY2018-Q3First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we will respond to this request by changing the trading unit size for our shares from 1,000 shares to 100 shares. We will also conduct a share consolidation, consolidating 10 shares into 1, in order to maintain the investment unit within the level considered desirable by the stock exchange, from ¥50,000 to less than ¥500,000.」
The plan to change the trading unit size from 1,000 shares to 100 shares and consolidate 10 common shares into 1, with 1 October 2018 as the scheduled effective date, is disclosed for the first time as a significant subsequent event.