HORIBA : Position and Policy Regarding Reduction of Minimum Stock Trading Unit of the…
March 28, 2024 at 08:40 pm EDT
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[NOTICE: This Notice is a translation of the Japanese original for reference purpose only, and in the event of any discrepancy, the Japanese original shall prevail.]
March 29, 2024
To whom it may concern
Company Name: Representative:HORIBA, Ltd.
Masayuki Adachi, President & COO
(Securities code: 6856, Prime of Tokyo Stock Exchange)Contact:
Aiji Horii, Department Manager of Administration Department
Telephone Number:
(81)75-313-8121
Position and Policy Regarding Reduction of Minimum Stock Trading Unit of the Company's Shares
1. Position regarding reduction of minimum stock trading unit
HORIBA, Ltd. (the Company) recognizes that a reduction in the trading unit of the Company's shares is effective way to stimulate a wider range of investors and increase share liquidity in the stock market.
2. Policy regarding reduction of minimum stock trading unit
Regarding a potential reduction in the trading unit, the Company continues to comprehensively monitor a number of factors including the trends in equity market composition and its shareholders composition and carefully consider whether a reduction in the trading unit is necessary or not.
Reference
This disclosure constitutes a disclosure in accordance with Article 409 of the Tokyo Stock Exchange's Securities Listing Regulations (concerning disclosure of reductions in the minimum investment), which applies to the Company since its minimum investment as of December 31, 2023, was valued at 500,000 yen permit or more.
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HORIBA,Ltd. is a Japan-based company engaged in the manufacture and sale of measuring instruments. The Company operates in five business segments. The Automotive Test System Equipment segment is engaged in the provision of engine exhaust gas measuring devices, driveline test systems, engine test systems, brake test systems and other products. The Environmental and Process System Equipment segment is engaged in the provision of flue gas analyzers, water quality measuring devices, air pollution monitoring analyzers and other products. The Medical System Equipment segment is engaged in the provision of blood cell counting devices, immunoassay devices and other products. The Semiconductor System Equipment segment is engaged in the provision of mass flow controllers, chemical solution concentration monitors and other products. The Scientific System Equipment segment is engaged in the provision of particle size distribution measuring devices, metal analyzers and other products.
HORIBA, LTD. 
