Sansan : Position and Policies Regarding the Reduction of the Minimum Investment Unit
August 28, 2020 at 02:02 am EDT
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August 28, 2020
To whom it may concern:
Company name
Sansan, Inc.
Representative
Chikahiro Terada,
Representative Director & CEO
(Code: 4443 TSE Mothers)
Contact
Muneyuki Hashimoto,
Director, CFO
TEL
+81-3-6758-0033
Position and Policies Regarding the Reduction of the Minimum Investment Unit
1. Position Regarding the Reduction of the Number of Shares in An Investment Unit
Sansan, Inc. (the "Company) recognizes that decreasing the investment unit of shares is an effective measure linked to greater investor participation, improved liquidity and vitalization of the stock market.
2. Policies for the Reduction of the Number of Shares in An Investment Unit
The Company plans to carefully discuss and consider the action of decreasing the unit of investment of its shares by analyzing such factors as stock price and stock market trends and stockholder composition, as well as changes in performance.
Note: Minimum investment units of the Company's stock exceed 500,000 yen as of May 31, 2020, and accordingly, this disclosure is carried out pursuant to Rule 409 of the Securities Listing Regulations (disclosure regarding the reduction of investment share units) as prescribed by the Tokyo Stock Exchange.
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Sansan Inc. published this content on 28 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 August 2020 06:02:06 UTC
Sansan, Inc. is a Japan-based company mainly engaged in the provision of business cards management service and other issues solutions for companies and business person. The Company operates through two business segments. The Sansan segment is mainly engaged in the provision of Sansan service which is a business cards cloud management service for corporate, and the service can convert business cards into data, visualize and share people-to-people connections as information. The Eight segment is mainly engaged in the operation of Eight application used for business cards as a business network service incorporating the mechanism of social networking services.
SANSAN, INC. 
