Toyota welcomes its first stock split in 30 years!

　　According to the first electric network, Toyota will split the stocks at the end of September, and each 1 share will be split into 5 shares. The investment unit is 100 shares, and the minimum amount required for investment will be reduced from more than 1 million yen (approximately RMB 58,100) to more than 200,000 yen (approximately RMB 11,600).

　　 According to reports, Toyota stock will consider the delivery issue and will start trading at the split share price from September 29. Toyota explained that the purpose of the stock split is to "reduce the amount of investment, increase the liquidity of stocks, and create an environment that is convenient for investment."

　　 Toyota’s market value ranks first among Japanese companies, but the number of shareholders was only 15th at the end of the previous fiscal year. This move seems to be aimed at increasing individual shareholders who hold stocks for a long time to support the stock price.

　　 The report pointed out that in recent years, Toyota has not clearly stated shareholder composition goals and future specific capital policies, and individual shareholders have little sense of existence. The number of shareholders of Toyota (calculated according to the securities report at the end of the previous fiscal year) was 430,000, which is about half of that of the top SoftBank (850,000). It is even lower than Nissan's (560,000 people) in the same industry. The personal shareholding ratio is approximately 12%, which is lower than the average value of domestic listed companies (17%). The main shareholders are financial institutions (39%), overseas investors (24%), and mutual shareholding partners. Business company (25%).

　　 According to earlier reports by the Securities Times, stock splits are already a mature mode of operation of the capital market. Some high-priced stocks will choose to "divide shares" after exceeding their expected "reasonable" prices to make their stock prices more accessible to the people, so as to attract more potential investors and increase the liquidity of the stocks.

　　 Many popular companies such as Apple and Tesla in the U.S. stock market, and Tencent in the Hong Kong stock market have conducted stock splits, and these companies have been sought after by investors after announcing the stock splits, and their stock prices have risen rapidly.