Standardizing the trading unit at 100 shares and a 1-for-2 share consolidation
First written in FY2017. 2 of 6 entries say "Restated". Latest entry: FY2025-H1.
- FY2025-H1Implemented a 1-for-5 share splitAnnual report
「Effective 1 November 2024, the company conducted a share split at a ratio of 5 shares for every 1 share of common stock.」
To lower the investment amount per trading unit and broaden its investor base, the company conducted a 1-for-5 share split effective 1 November 2024. The previous trading unit of 100 shares remains unchanged. - FY2019RestatedAnnual report
「Based on the Board of Directors' resolution of 28 April 2017, the company changed the trading unit from 1,000 shares to 100 shares effective 1 October 2017. Following approval of Proposal 2, "Share Consolidation," at the 214th Annual General Meeting of Shareholders held on 29 June 2017, the company also conducted a share consolidation at a ratio of 1 share for every 2 shares effective 1 October 2017.」
The annual report also confirms that the trading unit was reduced to 100 shares and the 2-for-1 share consolidation has been completed. - FY2018RestatedAnnual report
「Based on the Board of Directors' resolution of 28 April 2017, the company changed the trading unit from 1,000 shares to 100 shares effective 1 October 2017. Following approval of Proposal 2, "Share Consolidation," at the 214th Annual General Meeting of Shareholders held on 29 June 2017, the company also conducted a share consolidation at a ratio of 1 share for every 2 shares effective 1 October 2017.」
The annual report also confirms that the trading unit was reduced to 100 shares and the 2-for-1 share consolidation has been completed. - FY2018-Q2AchievedAnnual report
「Based on the Board of Directors' resolution of 28 April 2017, the company changed the trading unit from 1,000 shares to 100 shares effective 1 October 2017. Following approval of Proposal 2, "Share Consolidation," at the 214th Annual General Meeting of Shareholders held on 29 June 2017, the company also conducted a share consolidation at a ratio of 1 share for every 2 shares effective 1 October 2017.」
The trading unit was reduced to 100 shares and a 2-for-1 share consolidation was implemented effective 1 October 2017. - FY2018-Q1AdvancedAnnual report
「Following approval of Proposal 2, "Share Consolidation," at the 214th Annual General Meeting of Shareholders held on 29 June 2017, the company will conduct a share consolidation at a ratio of 1 share for every 2 shares effective 1 October 2017. At its meeting held on 28 April 2017, the Board of Directors also resolved to change the trading unit from 1,000 shares to 100 shares effective 1 October 2017.」
Following shareholder approval of the share consolidation, the company is proceeding toward implementing the reduction of the trading unit to 100 shares and the 2-for-1 share consolidation on 1 October 2017. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we have decided, in light of the foregoing, to change the trading unit for our shares from 1,000 shares to 100 shares. Effective 1 October 2017, we will conduct a share consolidation at a ratio of 1 share for every 2 shares.」
In light of the exchange's initiatives to improve investor convenience, the company plans to change the trading unit from 1,000 shares to 100 shares and consolidate 2 shares into 1 share on the same date.