Komori
Management planning3174Happiness and D Co.,Ltd.Retail

Notice Regarding Compliance with the Continued Listing Criteria

The market capitalization of tradable shares, which was below the criterion at the end of August 2025, reached ¥1.103 billion at the end of February 2026, exceeding the ¥1 billion listing maintenance criterion. As a result, the company achieved compliance with the criterion during the improvement period, eliminating the possibility of delisting on 1 March 2027.

Worth reading
32Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
2.9
¥100 million (increase in the market capitalization of tradable shares)
Wording
Definitive
How definitive the wording is.

Items stated in the management plan

Plan to Meet Continued Listing Criteria (Entering the Improvement Period)
Publication date 19 March 2026
Statements about the use of capital
Self-assessment of PBR and share priceThe company states that it will work to improve its share price and shareholder value, but figures for PBR and the share price level are Not disclosedPBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Expansion of the vintage product business
02Strengthening jewelry and bullion products
03Revision of the shareholder benefit program
04Investor relations activities
Plan assumptionsSurging gold prices
Items stated in the management plan
ItemDetails
Plan namePlan to Meet Continued Listing Criteria (Entering the Improvement Period)
Self-assessment of PBR and share priceThe company states that it will work to improve its share price and shareholder value, but figures for PBR and the share price level are Not disclosed
Plan assumptionsSurging gold prices
Key initiativesExpansion of the vintage product business, Strengthening jewelry and bullion products, Revision of the shareholder benefit program, Investor relations activities
Publication date19 March 2026
Items this document does not state (20)
Plan periodProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target MarketRisks identifiedDate 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.

In addition to efforts to improve earnings and shareholder value by expanding the number of stores handling vintage products, expanding sales of jewelry and bullion products, revising the shareholder benefit program, and conducting IR activities, the number of tradable shares increased upon completion of the exercise of stock acquisition rights issued through a third-party allotment.

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 Compliance with the Continued Listing Criteria | Happiness and D Co.,Ltd. (3174) timely disclosure | Komori