Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
1.8
Shortfall in the free-float ratio (percentage points)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
FormulatedKey initiatives
01Confirming and applying for the treatment of shares held by corporations and other entities as tradable shares
02Considering the conversion of non-tradable shares into tradable shares and the cancellation of treasury shares
03IR activities and progress monitoring
Plan assumptionsInclusion as tradable shares is subject to recognition by the Tokyo Stock Exchange.
Non-financial targetsIndicator Tradable share ratio / Target value 25% or higher / Timing Until 30 June 2027
Risks identified by the company
If the company fails to comply with the criterion during the improvement period, it will, in principle, be delisted after the designation periods for Securities Under Supervision and Securities to Be Delisted.
Inclusion as tradable shares is subject to recognition by the Tokyo Stock Exchange.
The measures to be implemented, the number of shares covered and the implementation timing will be determined after the necessary internal procedures are completed.
Reason for revision or withdrawal
The proportion of shares held by major shareholders, officers and their related parties, business corporations and others, as well as treasury shares, is high, resulting in low liquidity in the stock market.
| Item | Details |
|---|---|
| Plan name | Plan to Meet the Listing Maintenance Criteria |
| Plan period | Start: Not disclosed, End: 30 June 2027 (end of the improvement period) |
| Progress against the plan | Formulated |
| Non-financial targets | Indicator Tradable share ratio / Target value 25% or higher / Timing Until 30 June 2027 |
| Plan assumptions | Inclusion as tradable shares is subject to recognition by the Tokyo Stock Exchange. |
| Key initiatives | Confirming and applying for the treatment of shares held by corporations and other entities as tradable shares, Considering the conversion of non-tradable shares into tradable shares and the cancellation of treasury shares, IR activities and progress monitoring |
| Reason for revision or withdrawal | The proportion of shares held by major shareholders, officers and their related parties, business corporations and others, as well as treasury shares, is high, resulting in low liquidity in the stock market. |
| Risks identified | If the company fails to comply with the criterion during the improvement period, it will, in principle, be delisted after the designation periods for Securities Under Supervision and Securities to Be Delisted., Inclusion as tradable shares is subject to recognition by the Tokyo Stock Exchange., The measures to be implemented, the number of shares covered and the implementation timing will be determined after the necessary internal procedures are completed. |
| Publication date | 30 September 2026 |
Items this document does not state (16)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetResults under the previous planSize of the Target MarketDate of board resolution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The proportion of shares held by major shareholders, officers and their related parties, business corporations and others, as well as treasury shares, is high, resulting in low liquidity in the stock market.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.