Decision and Details
Tokyo Stock ExchangeEntry into a grace period due to loss of substantive continuity resulting from a merger or other transaction
Entry into a grace period due to loss of substantive continuity resulting from a merger or other transaction. The notice directs readers to the Japan Exchange Group website for specific details and reasons.
No impact on financial results is stated. It is stated that the Company may be delisted if compliance with the standards is not recognized during the grace period.
| Item | Details |
|---|---|
| Matter Covered | Entry into a grace period due to loss of substantive continuity resulting from a merger or other transaction |
| Decision-Making Body | Tokyo Stock Exchange |
| Decision Date | 28 September 2026 (date notification was received) |
| Implementation Date | From 11 December 2025 to 31 August 2029 (grace period, as stated in the notice) |
| Period Covered | From 11 December 2025 to 31 August 2029 |
| Quantity / scale | Grace period: from 11 December 2025 to 31 August 2029 |
| Impact on Business Performance | No impact on financial results is stated. It is stated that the Company may be delisted if compliance with the standards is not recognized during the grace period. |
| Reason | Entry into a grace period due to loss of substantive continuity resulting from a merger or other transaction. The notice directs readers to the Japan Exchange Group website for specific details and reasons. |
| Governing Rule | Standards equivalent to the new listing examination standards |
| Related previous disclosures | Final investigation report of the Independent Investigation Committee received on 3 August 2026 |
| Future plans | During the grace period, the Company will apply for a review of its compliance with standards equivalent to the new listing examination standards. If it is recognized as compliant, the grace period will be lifted and its listing will be maintained. The Company will formulate measures to prevent recurrence and proceed with developing its business foundation and management structure. |
Items this document does not state (1)
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.On 28 September 2026, the Company received notice from the Tokyo Stock Exchange that it had entered a grace period relating to the loss of substantive continuity resulting from a merger or other transaction. The notice directs readers to the Japan Exchange Group website for specific details and reasons concerning entry into the grace period.