Adjustment of the Investment Unit through a Share Consolidation and a Change in the Number of Shares Constituting One Trading Unit
First written in FY2017. 1 of 4 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2018.
- FY2018Cited as achievedAnnual report
「It became effective on 1 October 2017.」
The disclosure states that the measure to consolidate 10 common shares into 1 share and change the number of shares per share unit from 1,000 to 100 was completed on 1 October 2017. - FY2018-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 26 May 2017, the company resolved to submit a proposal for a share consolidation, at a ratio of 1 share for every 10 common shares, to the 146th annual general meeting of shareholders scheduled for 29 June 2017. It also resolved to change the number of shares per share unit from 1,000 to 100, subject to approval of the proposal. The proposal was approved at the shareholders' meeting and became effective on 1 October 2017.」
The share consolidation and change in the number of shares per share unit became effective on 1 October 2017, reducing the total number of issued shares from 10.5 million to 1.05 million and the number of shares per share unit from 1,000 to 100. - FY2018-Q1AdvancedAnnual report
「At the 146th annual general meeting of shareholders held on 29 June 2017, the proposal concerning the share consolidation was approved. As a result, the total number of authorized shares will be 4,000,000 as of the effective date of the share consolidation, 1 October 2017.」
The share consolidation proposal was approved at the annual general meeting of shareholders held on 29 June 2017. On the effective date of 1 October 2017, the total number of authorized shares will change from 40 million to 4 million, and the number of shares per share unit will change from 1,000 to 100. - FY2017First statedAnnual report
「As a company listed on the Tokyo Stock Exchange, we respect the intent of this policy and have decided to change the trading unit for our common shares from 1,000 shares to 100 shares. In connection with this change, we will conduct a share consolidation to maintain the price per trading unit after the change in the number of shares per unit at the investment-unit level considered desirable by the stock exchange.」
The company plans to consolidate 10 common shares into 1 share and change the number of shares per share unit from 1,000 to 100, effective 1 October 2017.