Key Facts
• Stock splits remain a strong trend, driven by the new NISA system in 2024.
• Notable companies like Mitsui & Co., Takashimaya, and Sony Group conducted stock splits.
• Stock splits reduce minimum investment amounts, attracting new investors.
• Mitsui & Co. (split 1:2 on 2024/7/1): Price dropped from ¥3,696 to ¥2,898.
• Hitachi (split 1:5 on 2024/7/1): Price rose from ¥3,718 to ¥3,925.
• Takashimaya (split 1:2 on 2024/9/1): Price fell from ¥1,146 to ¥1,094.
• Sumitomo Mitsui FG (split 1:3 on 2024/10/1): Price increased from ¥3,101 to ¥3,578.
• Sony Group (split 1:5 on 2024/10/1): Price climbed from ¥2,834 to ¥3,530.
• Unicharm (split 1:3 on 2025/1/1): Price declined from ¥1,268 to ¥1,071.
• NEC (split 1:5 on 2025/4/1): Price rose from ¥3,181 to ¥3,994.
• Stock splits aim to enhance liquidity and attract individual investors.
• Companies like Sony and NEC have transformed their business models to sustain growth.
Summary
Over the past year, seven major Japanese companies, including Mitsui & Co., Takashimaya, and Sony Group, conducted stock splits to lower investment barriers and attract individual investors under the new NISA system. While some companies like Sony and NEC saw significant stock price increases post-split, others like Mitsui & Co. and Unicharm experienced declines. Stock splits have proven effective in enhancing liquidity, especially in Japan’s market, where minimum investment amounts are traditionally high. Companies like Sony and NEC have also undergone significant transformations, focusing on growth sectors such as IT systems and image sensors. Despite mixed results, stock splits remain a key strategy for companies to appeal to a broader investor base.
