Lowering the Investment Unit and Expanding the Investor Base Through a Stock Split
First written in FY2018-Q4. 1 of 3 entries say "Advanced", first in FY2018. Latest entry: FY2019-Q2.
- FY2019-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors meeting held on 23 July 2018, the Company conducted a stock split and partially amended its Articles of Incorporation effective 1 September 2018.」
Effective 1 September 2018, each common share was split into 2 shares as a measure to improve liquidity and broaden the investor base by lowering the investment unit. - FY2018AdvancedAnnual report
「With 31 August 2018 as the record date, each common share held by shareholders listed or recorded in the final shareholder register on that date will be split into 2 shares.」
Following the stock split on 1 May 2018, the Company decided to conduct an additional 1-for-2 stock split effective 1 September 2018. - FY2018-Q4First statedAnnual report
「The purpose is to improve share liquidity and broaden the investor base by conducting a stock split and lowering the investment unit. With 30 April 2018 as the record date, each common share held by shareholders listed or recorded in the final shareholder register on that date will be split into 2 shares.」
The Company planned to split each common share into 2 shares, with 30 April 2018 as the record date and 1 May as the effective date, to improve liquidity and broaden the investor base.