Decision and Details
Tokyo Stock Exchange and Nagoya Stock ExchangeChange of market segment to the Standard Market of the Tokyo Stock Exchange and listing on the Main Market of the Nagoya Stock Exchange
In light of the difficulty of meeting the free-float ratio criteria for the Prime Market, the Company will prioritize medium- to long-term growth and management efficiency and strengthen its efforts to enhance corporate value under a more appropriate market segment. The listing on the Nagoya Stock Exchange is intended to create opportunities to increase awareness among individual investors, particularly in the Tokai region, expand the investor base and improve the liquidity of the Company's shares.
| Item | Details |
|---|---|
| Matter Covered | Change of market segment to the Standard Market of the Tokyo Stock Exchange and listing on the Main Market of the Nagoya Stock Exchange |
| Decision-Making Body | Tokyo Stock Exchange and Nagoya Stock Exchange |
| Decision Date | 12 June 2026 |
| Implementation Date | 19 June 2026 (scheduled; on the same date, the Company will change from the Prime Market to the Standard Market of the Tokyo Stock Exchange and will be dual-listed on the Main Market of the Nagoya Stock Exchange) |
| Quantity / scale | Change of market segment on 1 market of the Tokyo Stock Exchange and new listing on 1 market of the Nagoya Stock Exchange |
| Reason | In light of the difficulty of meeting the free-float ratio criteria for the Prime Market, the Company will prioritize medium- to long-term growth and management efficiency and strengthen its efforts to enhance corporate value under a more appropriate market segment. The listing on the Nagoya Stock Exchange is intended to create opportunities to increase awareness among individual investors, particularly in the Tokai region, expand the investor base and improve the liquidity of the Company's shares. |
| Related previous disclosures | Notice Regarding the Application to Change Market Segment to the Standard Market of the Tokyo Stock Exchange and the Application for New Listing on the Main Market of the Nagoya Stock Exchange, announced on 25 December 2025 |
| Future plans | The Company will change its market segment to the Standard Market of the Tokyo Stock Exchange and newly list its shares on the Main Market of the Nagoya Stock Exchange on 19 June 2026. |
Items this document does not state (4)
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 light of the difficulty of meeting the free-float ratio criteria required for the Prime Market, the Company will prioritize medium- to long-term growth and management efficiency and strengthen its efforts to enhance corporate value under a more appropriate market segment. The listing on the Nagoya Stock Exchange is intended to increase awareness among individual investors in the Tokai region, expand the investor base and improve the liquidity of the Company's shares.