Share Consolidation and Change in Number of Shares per Unit Toward Standardization of Trading Units
First written in FY2018. 1 of 3 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2019-Q2.
- FY2019-Q2AchievedAnnual report
「At a meeting of the board of directors held on 15 May 2018, the company resolved to submit proposals concerning the share consolidation and change in the share unit to the 67th annual general meeting of shareholders held on 28 June 2018. The proposals were approved at that meeting and took effect on 1 October 2018.」
The share consolidation and change in the share unit were approved at the general meeting of shareholders and took effect on 1 October 2018. The number of common shares was consolidated from 10 shares into 1 share, and the share unit was changed from 1,000 shares to 100 shares. - FY2019-Q1AdvancedAnnual report
「At a meeting of the board of directors held on 15 May 2018, the company resolved to submit proposals concerning the share consolidation and change in the share unit to the 67th annual general meeting of shareholders held on 28 June 2018. The proposals were approved at that meeting and took effect on 1 October 2018.」
The share consolidation and change in the share unit were approved at the annual general meeting of shareholders held on 28 June 2018. The plan moved into the implementation stage, with 10 shares to be consolidated into 1 share and the share unit changed from 1,000 shares to 100 shares on 1 October 2018. - FY2018First statedAnnual report
「At a meeting of the board of directors held on 15 May 2018, the company resolved to submit proposals concerning a share consolidation, effective 1 October 2018, at a ratio of 10 shares to 1 share, and a change in the share unit from 1,000 shares to 100 shares, to the 67th annual general meeting of shareholders to be held on 28 June 2018.」
In response to the request from the national securities exchanges to standardize trading units, the company has for the first time stated a plan to consolidate 10 shares into 1 share and change the share unit from 1,000 shares to 100 shares, effective 1 October 2018.