Optimizing the Investment Unit Through a Share Consolidation and Changes to the Trading Unit
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 11 May 2018, the Company resolved to submit to the 51st Annual General Meeting of Shareholders, to be held on 28 June 2018, a proposal concerning the share consolidation and proposed amendments to the Articles of Incorporation concerning changes to the number of shares constituting one trading unit and the total number of authorized shares. The proposals were approved at the meeting, and took effect on 1 October 2018.」
The plan for the share consolidation and change in the number of shares constituting one trading unit was approved at the General Meeting of Shareholders and took effect on 1 October 2018. The number of shares constituting one trading unit changed from 1,000 shares to 100 shares, and the number of common shares changed to 1 share for every 10 shares. - FY2019-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 11 May 2018, the Company resolved to submit to the 51st Annual General Meeting of Shareholders, to be held on 28 June 2018, a proposal concerning the share consolidation and proposed amendments to the Articles of Incorporation concerning changes to the number of shares constituting one trading unit and the total number of authorized shares. The proposals were approved at the meeting, and took effect on 1 October 2018.」
The plan for the share consolidation and change in the number of shares constituting one trading unit was approved at the 51st Annual General Meeting of Shareholders, confirming 1 October 2018 as the effective date. - FY2018First statedAnnual report
「The Company will change the number of shares constituting one trading unit from 1,000 shares to 100 shares and, to maintain the price level per trading unit of the Company's shares, will conduct a share consolidation at a ratio of 10 shares to 1 share, taking into account the investment unit level preferred by the stock exchange, which is ¥50,000 or more and less than ¥500,000.」
The policy was stated to change the number of shares constituting one trading unit from 1,000 shares to 100 shares and conduct a share consolidation at a ratio of 10 shares to 1 share, with 1 October 2018 as the effective date.