Komori
Techno Mathematical (3787) · RiskMaterialisedLatest M&A and Subsidiary Changes (2026-09-11): "Advanced"

Non-Compliance with the Continued Listing Criterion for Free-Float Market Capitalization and Delisting Risk

First written in FY2025. 4 of 11 entries say "Materialised", first in 2026-03-31. Latest entry: 2026-09-11.

11entries
2years
9from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2025Worsened2026-03-31 – 2026-05-27Materialised2026-06-03 – FY20262025: 120252026: 102026
Same theme, other companies
Risk of failing to meet continued listing criteria based on the market capitalization of tradable sharesA theme 34 companies write about · 37 as a headwind · 2 as a tailwind

The whole theme swung hardest in 2023: 3 of 15 companies on the "Worse" side.

3 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 34 companies compared. The sentences above are computed from all 34.
Full recordFilings, disclosures and news, newest first
  2. FY2026MaterialisedAnnual report

    「Because the Company's shares failed to meet the Tokyo Stock Exchange Standard Market listing maintenance standard for market capitalization of listed shares (¥1 billion) as of the reference date, 31 March 2026, they will be delisted on 1 October and were designated as securities subject to delisting from 3 June 2026 through 30 September 2026.」

    The risk of failing to meet the market capitalization standard for listed shares disclosed in FY2025 has materialized, and the designation as securities subject to delisting and delisting on 1 October 2026 are described as definite plans.
  4. FY2025First statedAnnual report

    「Regarding compliance at the end of the plan period, the Company received notification from the Tokyo Stock Exchange dated 4 June 2025 that it did not meet the standard for the market capitalization of listed shares, and its shares are currently in the improvement period.」

    After receiving notification that it did not meet the listing maintenance standard requiring a market capitalization of listed shares of at least ¥1 billion, the Company is considering and implementing additional measures ahead of the improvement deadline at the end of March 2026. It has disclosed that, if it fails to achieve compliance, its shares may be designated as securities under supervision and then as securities subject to delisting, followed by delisting on 1 October 2026.
Moved together

"Expanding the Sales Structure through Marketing, Sales and Agencies" moved the same way as this thread, in the same document, in 2 of its 11 moves.

22★12
  1. ★This thread
  2. 1Expanding the Sales Structure through Marketing, Sales and Agencies2×
  3. 2Expansion from standalone IP to modular licensing of multiple IPs2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Techno Mathematical yet. It last moved in the M&A and Subsidiary Changes of 2026-09-11: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Non-Compliance with the Continued Listing Criterion for Free-Float Market Capitalization and Delisting Risk | Techno Mathematical Co.,Ltd. (3787) | Komori