Improving share liquidity and broadening the investor base through a share split
First written in FY2018-Q3. 1 of 2 entries say "Achieved", first in FY2018. Latest entry: FY2018.
- FY2018AchievedAnnual report
「With 30 June 2018 (Saturday) as the record date, or effectively 29 June 2018 (Friday) because 30 June was a non-business day for the shareholder registry administrator, the company conducted a stock split at a ratio of 1.2 shares for each 1 common share held by shareholders listed or recorded in the final shareholder register on that date.」
The stock split at a ratio of 1.2 shares for each 1 share, intended to return profits to shareholders, improve share liquidity and expand the investor base, was completed on 1 July 2018. - FY2018-Q3First statedAnnual report
「The purpose is to return profits to shareholders, improve the liquidity of the Company's shares and broaden its investor base. Using 30 June 2018 as the record date, ordinary shares held by shareholders listed or recorded in the final shareholder register on that date were split at a ratio of 1.2 shares for each share. Effective date: 1 July 2018.」
The Company resolved to conduct a 1-for-1.2 stock split to return profits to shareholders, improve share liquidity and broaden the investor base, with an effective date of 1 July 2018.