Changing the Share Trading Unit to 100 Shares and a 10-for-1 Share Consolidation
First written in FY2017. 1 of 3 entries say "Restated". Latest entry: FY2018-Q2.
- FY2018-Q2AchievedAnnual report
「As a result, the total number of issued common shares decreased from 102,716,515 to 10,271,651, while the total number of issued shares, including Class A preferred shares, decreased from 103,016,515 to 10,571,651.」
Effective 1 October 2017, the Company implemented a 10-for-1 consolidation of common shares and changed the number of shares in a trading unit from 1,000 to 100. - FY2018-Q1RestatedAnnual report
「As a result, the total number of issued common shares is expected to decrease from 102,716,515 to 10,271,651, while the total number of issued shares, including Class A preferred shares, is expected to decrease from 103,016,515 to 10,571,651.」
The Company reiterated the approved changes to the trading unit, from 1,000 shares to 100 shares, and the 10-for-1 consolidation of common shares, together with the share counts after the changes take effect. - FY2017First statedAnnual report
「At a meeting of the Board of Directors held on 12 May 2017, the Company resolved to change the number of shares in a trading unit and resolved to submit a proposal concerning a share consolidation to the 91st Annual General Meeting of Shareholders and General Meeting of Class Shareholders of Common Shares held on 29 June 2017. The proposal was approved at those meetings. Effective 1 October 2017, the number of common shares in a trading unit will be changed from the current 1,000 shares to 100 shares. Effective 1 October 2017, the Company's shares will be consolidated at a ratio of 1 share for every 10 shares held by shareholders recorded in the final shareholder register dated 30 September 2017, effectively 29 September.」
The approved plan changed the number of shares in a trading unit from 1,000 to 100 and consolidated the common shares at a ratio of 1 share for every 10 shares, with the aim of adjusting the investment unit to between ¥50,000 and less than ¥500,000.