OREANDA-NEWS. Mitsubishi Electric's number of shares constituting one unit will be changed from 1,000 shares to 100 shares effective from October 1, 2016. Simultaneously, the company's minimum share-trading unit on the Tokyo Stock Exchange will be changed from 1,000 shares to 100 shares.

The reduction in number of shares constituting one unit is aimed at providing increased investing opportunities to a wide range of investors and to improve share liquidity. The decision also has been made with respect to the Action Plan for Consolidating Trading Units, an initiative by stock exchanges in Japan to unify trading units at 100 shares.