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Management planning3634Sockets Inc.Information and Communications, Services and Others

Progress on the Plan to Meet Listing Maintenance Criteria: Sale of Shares by KDDI Corporation

To address the shortfall in the market capitalization of tradable shares under the listing maintenance criteria, KDDI will aim to sell its 240,000 shares of ソケッツ by 31 March 2026. If the sale is completed, the number of tradable shares will increase, but compliance with the criteria has not been confirmed.

Worth reading
27Immaterial
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
240000
Shares (held by KDDI and scheduled for sale)
Wording
Avoiding a definitive answer
How definitive the wording is.

Items stated in the management plan

Progress
Plan for Compliance with Continued Listing Criteria
Publication date 18 March 2026
Statements about the use of capital
Self-assessment of PBR and share priceThe share price increased, rising from ¥462 on 7 April 2025 to ¥773 on 17 March 2026.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Improving business performance and returning to profitability
02Enhancing Corporate Value
03Increase in the Number of Tradable Shares
Plan assumptionsThe market capitalization of tradable shares is calculated as the share price multiplied by the number of tradable shares. The average closing price from January 2026 through 17 March was ¥764.
Risks identified by the company
It is currently unknown whether all of KDDI's shares can be sold by 31 March 2026.
Compliance with the market capitalization requirement for tradable shares will depend on market conditions, including the increase in tradable shares and the share price through 31 March.
Items stated in the management plan
ItemDetails
Plan namePlan for Compliance with Continued Listing Criteria
Progress against the planProgress
Self-assessment of PBR and share priceThe share price increased, rising from ¥462 on 7 April 2025 to ¥773 on 17 March 2026.
Plan assumptionsThe market capitalization of tradable shares is calculated as the share price multiplied by the number of tradable shares. The average closing price from January 2026 through 17 March was ¥764.
Key initiativesImproving business performance and returning to profitability, Enhancing Corporate Value, Increase in the Number of Tradable Shares
Risks identifiedIt is currently unknown whether all of KDDI's shares can be sold by 31 March 2026., Compliance with the market capitalization requirement for tradable shares will depend on market conditions, including the increase in tradable shares and the share price through 31 March.
Publication date18 March 2026
Items this document does not state (18)
Plan periodSales 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 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.

To increase the number of tradable shares in order to meet the market capitalization requirement for tradable shares.

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.
Progress on the Plan to Meet Listing Maintenance Criteria: Sale of Shares by KDDI Corporation | Sockets Inc. (3634) timely disclosure | Komori