Reducing the Investment Unit and Improving Liquidity Through a Share Split
First written in FY2019-Q2. 1 of 3 entries say "Restated". Latest entry: FY2019.
- FY2019AchievedAnnual report
「Effective 1 August 2018, the company conducted a stock split at a ratio of 2 shares for each share of common stock.」
The completion of the 1-for-2 stock split effective 1 August 2018 is also confirmed in the calculation of the total number of shares outstanding and per-share indicators. - FY2019-Q3RestatedAnnual report
「Effective 1 August 2018, the company conducted a stock split at a ratio of 2 shares for each share of common stock.」
The 1-for-2 stock split effective 1 August 2018 is also confirmed in the number of shares outstanding and other figures at the end of the current quarter. - FY2019-Q2First statedAnnual report
「Based on a resolution of the Board of Directors at its meeting held on 19 June 2018, the company conducted a stock split effective 1 August 2018. The purpose was to create an environment that would make it easier for investors to invest by lowering the investment amount per unit and to improve the liquidity of the company’s shares. With 31 July 2018 as the record date, each share of common stock held by shareholders listed or recorded in the final shareholder register on that date was split into 2 shares.」
Effective 1 August 2018, the company split 1 share into 2 shares to lower the investment unit, create an environment that would make it easier for investors to invest and improve share liquidity.