Nippon Express Holdings (9147) · InitiativeAchieved
Expanding the Investor Base and Improving Liquidity through a Stock Split
First written in FY2024-H1. 1 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2024.
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- FY2024AchievedAnnual report
「Based on a resolution of the Board of Directors held on 9 August 2024, the Company conducted a stock split and partially amended its Articles of Incorporation effective 1 January 2025.」
On 1 January 2025, each common share was split into 3 shares, resulting in 261,000,000 issued shares and 950,000,000 authorized shares. - FY2024-H1First statedAnnual report
「The purpose is to create an environment that makes investment easier by lowering the investment amount per unit through a stock split, thereby improving the liquidity of our shares and expanding our investor base.」
The Company first announced a plan to split each common share into 3 shares, with 31 December 2024 as the record date and 1 January 2025 as the effective date. After the split, issued shares were expected to total 261,000,000 and the authorized number of shares 950,000,000.