Parent plant - Oyakabu

Japanese: 親株 - おやかぶ

Stocks that have already been issued as a result of a company split, capital increase, merger, or share exchange. Newly issued stocks are called "new stocks," while already issued stocks are called "parent stocks." For example, when a company issues new stocks through a capital increase, the term refers to the old stocks in relation to the new stocks. In that case, the new stocks become "child stocks." It is used when there is a difference in shareholder rights between the old and new stocks. For new stocks, the starting date for dividend calculation is the issue date, and if the dividend at the end of the fiscal year is less than that of the old stocks (parent stocks) calculated on a pro rata basis, the new and old stocks will be traded as separate issues until the end of the fiscal year.

Source: ASCII.jp Digital Dictionary About ASCII.jp Digital Dictionary Information

Japanese:

企業での分割や増資、合併・株式交換などで、すでに発行されている株式のこと。新たに発行する株式のことを「新株」と呼ぶのに対して、すでに発行されている株式のことを「親株」と呼ぶ。例えば、増資して新株を発行した場合、新株に対する旧株を指す。その場合、新株は「子株」となる。旧株と新株で株主の権利に差があって区別される時に使われる。新株は配当の起算日がその発行日とされ、期末の配当が日割り計算で旧株（親株）より少なくなる場合、新株と旧株は決算期が終了するまで別の銘柄として売買される。

出典　ASCII.jpデジタル用語辞典ASCII.jpデジタル用語辞典について　情報

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