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TM » Topics » Article 23. (Issuance due to division, consolidation, etc.)

This excerpt taken from the TM 20-F filed Jun 26, 2006.

Article 23.    (Issuance due to division, consolidation, etc.)

1. In case of an application for the issuance of new share certificates due to division or consolidation of share certificates, an application in the prescribed form shall be submitted together with the share certificates; provided, however, that no application may be made for the issuance of certificates for less-than-one-unit shares.

2. In case of an application for the issuance of new share certificates by adding up the less-than-one-unit shares for which share certificates have been issued and the less-than-one-unit shares for which no share certificates have been issued, an application in the prescribed form shall be submitted together with the certificates for the less-than-one-unit shares; provided, however, that no application may be made for the issuance of certificates for less-than-one-unit shares.

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