Failure to Meet the Listing Maintenance Criterion for Free-Float Market Capitalization
First written in FY2025. 2 of 3 entries say "Materialised", first in FY2025. Latest entry: 2026-07-29.
The whole theme swung hardest in 2023: 3 of 15 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- 2026-07-29AdvancedManagement Planning
「We will promptly advance various initiatives to meet the listing maintenance criteria by the end of the improvement period, 30 April 2027, including the criterion for the market capitalization of tradable shares that we failed to meet this time.」
The market capitalization of tradable shares was ¥325 million, below the ¥500 million listing maintenance threshold. The Company confirmed the non-compliance, presented an improvement period through the end of April 2027, and outlined a compliance plan centered on increasing market capitalization, earnings recovery and enhanced information disclosure. - FY2026MaterialisedAnnual report
「As of 30 April 2026, the Company failed to meet the Tokyo Stock Exchange Growth Market’s listing maintenance requirement for tradable share market capitalization, which is at least ¥500 million」
Failure to meet the listing maintenance requirement was confirmed again, and a compliance plan was submitted on 29 July 2026. The delisting date if non-compliance continues is stated as 1 November 2027. - FY2025MaterialisedAnnual report
「As of 30 April 2025, the Company failed to meet the Tokyo Stock Exchange Growth Market’s listing maintenance requirement for tradable share market capitalization, which is at least ¥500 million」
The Company had already failed to meet the listing maintenance requirement and disclosed the risk of delisting on 1 November 2026 if it did not comply during the improvement period, together with responses through IR and earnings recovery.