Share Consolidation and Changes to the Share Unit
First written in FY2018-Q1. 1 of 2 entries say "Achieved", first in FY2018-Q2. Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「Following a resolution adopted at the Board of Directors meeting held on 28 April 2017 concerning a change in the number of shares per trading unit, and approval of a share consolidation at the 108th Annual General Meeting of Shareholders held on 28 June 2017, the Company changed the number of shares per trading unit from 1,000 to 100 and consolidated its shares at a ratio of 1 share for every 5 common shares, effective 1 October 2017.」
Effective 1 October 2017, the number of shares per trading unit was changed from 1,000 to 100, and 5 common shares were consolidated into 1 share. - FY2018-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 28 April 2017, the company resolved to change the number of shares constituting one trading unit. At the 108th Annual General Meeting of Shareholders held on 28 June 2017, a proposal concerning a share consolidation was approved. Accordingly, effective 1 October 2017, the number of shares constituting one trading unit will be changed from 1,000 to 100, and a share consolidation will be conducted at a ratio of 1 share for every 5 common shares.」
Following approval by the Board of Directors and the General Meeting of Shareholders, the company first stated its plan to change the number of shares constituting one trading unit from 1,000 to 100, effective 1 October 2017, and consolidate 5 shares into 1.