Lowering the Investment Unit and Expanding the Investor Base Through a Stock Split
First written in FY2018. 2 of 4 entries say "Achieved", first in FY2019-Q1. Latest entry: FY2025.
- FY2025AchievedAnnual report
「Effective 1 January 2025, the Company conducted a 1-for-3 split of its common shares.」
The 1-for-3 share split resolved in the previous fiscal year was conducted effective 1 January 2025, completing the initiative to lower the investment unit. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 November 2024, the Company resolved to conduct a share split and partially amend its Articles of Incorporation in connection with the share split. The purpose is to improve the liquidity of the Company's shares and expand the investor base by conducting the share split and creating an environment in which investors can invest more easily by lowering the amount per investment unit. Using 31 December 2024 (Tuesday), effectively 30 December 2024 (Monday), as the record date because the shareholder registry administrator was closed on 31 December, the Company will conduct a 1-for-3 split of the common shares held by shareholders listed or recorded in the final shareholder register on that date. Effective date: 1 January 2025 (Wednesday)」
On 14 November 2024, the Company resolved to conduct a 1-for-3 share split to lower the investment unit, improve liquidity and expand the investor base. The split is scheduled to take effect on 1 January 2025. - FY2019-Q1AchievedAnnual report
「Using 30 June 2018 (Saturday), effectively 29 June 2018 (Friday), as the record date, the Company conducted a 1-for-2 split of the common shares held by shareholders listed or recorded in the final shareholder register on that date.」
The 1-for-2 share split announced in the previous fiscal year was conducted effective 1 July 2018, completing the split of the common shares on a 1-for-2 basis. - FY2018First statedAnnual report
「The purpose is to create an environment in which investors can invest more easily and further expand the investor base by lowering the amount per investment unit and improving the liquidity of the Company's shares.」
The Company announced a policy to conduct a 1-for-2 split of its common shares, using 30 June 2018 as the record date and 1 July of the same year as the effective date, with the aim of lowering the investment unit and expanding the investor base.