Komori
Management planning3010Polaris Holdings Co.,Ltd.Information and Communications, Services and Others

Notice Regarding the Designation of the Company's Shares as Securities Under Supervision (Confirmation)

As confirmation that the free-float ratio meets the listing maintenance criteria has not been completed, the Company's shares will be designated as Securities Under Supervision (Under Confirmation) effective 1 April 2026. Meanwhile, the Company's estimate indicates that the free-float ratio will be 25.3%, above the applicable criterion, following the transfer of shares by a major shareholder, and the Company expects the designation to be lifted following the upcoming review.

Worth reading
13Immaterial
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
25.3
% (free-float ratio, Company estimate)
Wording
Avoiding a definitive answer
How definitive the wording is.

Items stated in the management plan

Publication date31 March 2026

This document does not state the plan name, plan period, or numerical targets.

Risks identified by the company
Non-compliance with the tradable share ratio criterion
Designation as a security under supervision (confirmation pending)
Items stated in the management plan
ItemDetails
Risks identifiedNon-compliance with the tradable share ratio criterion, Designation as a security under supervision (confirmation pending)
Publication date31 March 2026
Items this document does not state (23)
Plan namePlan periodProgress against the planSales 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 targetNon-financial targetsPlan assumptionsKey initiativesResults under the previous planReason for revision or withdrawalSize 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 Company is not in compliance with the free-float ratio criterion among the listing maintenance criteria, and the Tokyo Stock Exchange had not completed its confirmation of compliance as of the end of the improvement period. Based on the transfer of shares by Star Asia Group, a major shareholder, the Company's estimate indicates that the free-float ratio is 25.3%, which meets the listing maintenance criteria.

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.
Notice Regarding the Designation of the Company's Shares as Securities Under Supervision (Confirmation) | Polaris Holdings Co.,Ltd. (3010) timely disclosure | Komori