FURUNO ELECTRIC CO.,LTD. [6814.T]
TOKYO, Apr 09 (Pulse News Wire) – Furuno Electric CO.,LTD. (6814.T) outlined its consideration for lowering the share investment unit below the current level to expand the investor base and enhance stock liquidity.
As of March 31, 2025, the company's share investment unit stands at ¥500,000 or higher, triggering the need for this disclosure based on the Tokyo Stock Exchange’s listing regulations concerning share investment unit reductions. The company recognizes that reducing the investment unit could contribute to the activation of the stock market by broadening the range of investors and improving stock liquidity.
However, Furuno Electric stated that it will continue to monitor future trends in the stock market and consider changes in shareholder composition and the status of stock liquidity while deliberating on whether to proceed with the reduction. This disclosure adheres to Article 409 of the Tokyo Stock Exchange’s Listing Regulations, which mandates companies to disclose their plans for reducing share investment units if they remain at or above a certain threshold.
🟢 Confidence: High AI-translated content.