Toei Company (9605) · InitiativeAchieved
Lowering the Investment Unit and Improving Liquidity Through a Stock Split
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
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- FY2025-H1AchievedAnnual report
「Effective 1 April 2024, the Company conducted a 1-for-5 stock split.」
The 1-for-5 stock split decided in the previous filing was implemented on 1 April 2024, and reflected in the total number of shares issued and per-share indicators. - FY2024-Q3First statedAnnual report
「With 31 March 2024 (Sunday) as the record date, or effectively 29 March 2024 (Friday), the Company will conduct a stock split at a ratio of 5 shares for each 1 common share held by shareholders listed or recorded in the final shareholder register on that date.」
The Company decided to split 1 share into 5 shares, with the split taking effect on 1 April 2024. The stated objectives are to lower the investment amount per share, improve share liquidity and expand the investor base.