Delisting and re-examination risk associated with designation as a Security on Alert
First written in FY2019-Q4. 1 of 3 entries say "Materialised", first in FY2019-Q4. Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020MitigatedAnnual report
「The designation of the company's shares as a Security on Alert was lifted on 22 February 2020.」
The company describes the lifting of the designation as a specific risk-reducing event concerning the delisting and re-examination risk associated with designation as a Security on Alert. - FY2020-Q3RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company treats the delisting and re-examination risk associated with designation as a Security on Alert as having undergone no material change. - FY2019-Q4MaterialisedAnnual report
「On 28 December 2018, the company was designated by the Tokyo Stock Exchange as a Security on Alert. The company plans to submit an Internal Management Control Confirmation Report one year later and undergo an examination by the Tokyo Stock Exchange. If no problems are found in the internal management system in that examination, the designation will be lifted. If problems are identified, the company will, in principle, be delisted or undergo a re-examination after the designation as a Security on Alert is extended for 6 months.」
The company disclosed that the designation as a Security on Alert actually occurred due to deficiencies in its internal management system, followed by the submission and examination of a confirmation report one year later, with delisting or re-examination after a 6-month extension if problems remained.