Free-float ratio approaches the listing criteria
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As of the end of February 2026, the free-float ratio under our capital policy was 29.80%, close to the 25% listing-format requirement for the Tokyo Stock Exchange Standard Market. Following the listing, we plan to implement measures to increase investor confidence and encourage share trading in order to improve liquidity.」
The free-float ratio increased from 29.21% to 29.80%, but its proximity to the 25% requirement continues to be disclosed as a risk. - FY2025First statedAnnual report
「As of the end of February 2025, the free-float ratio under our capital policy was 29.21%, close to the 25% listing-format requirement for the Tokyo Stock Exchange Standard Market. Following the listing, we plan to implement measures to increase investor confidence and encourage share trading in order to improve liquidity.」
The company identifies the possibility of falling below the listing-format requirement if liquidity declines further.