Items stated in the management plan
FormulatedTo maximize the benefits of the capital and business alliance with サイブリッジ and accelerate fundamental management reform. The Company also aims to address the urgent management challenges of meeting the listing maintenance criteria and ending 3 consecutive years of losses.
| Item | Details |
|---|---|
| Plan name | This management policy |
| Progress against the plan | Formulated |
| Self-assessment of PBR and share price | Market capitalization was approximately ¥1.1 billion as of 30 December 2025, approximately ¥2.9 billion below the listing maintenance criterion of market capitalization of ¥4.0 billion or more |
| Non-financial targets | Indicator Proposal for the election of independent outside directors / Target value Aim to submit the proposal to the 52nd Annual General Meeting of Shareholders scheduled for June 2027 / Timing Scheduled for June 2027 |
| Key initiatives | Capital and business alliance with サイブリッジ, Election of the Company's officers, This management policy, Begin the process of selecting candidates for independent outside directors, Aim to submit a proposal for the election of independent outside directors |
| Results under the previous plan | ¥40 billion (market capitalization) → Approximately 11 |
| Reason for revision or withdrawal | To maximize the benefits of the capital and business alliance with サイブリッジ and accelerate fundamental management reform. The Company also aims to address the urgent management challenges of meeting the listing maintenance criteria and ending 3 consecutive years of losses. |
| Risks identified | Failure to meet the Tokyo Stock Exchange Growth Market listing maintenance criterion of market capitalization of ¥4.0 billion or more, 3 consecutive years of losses, Significant corporate governance issues arising from the absence of independent outside directors |
| Date of board resolution | 14 May 2026 |
| Publication date | 14 May 2026 |
Items this document does not state (15)
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 maximize the benefits of the capital and business alliance with サイブリッジ and accelerate fundamental management reform. The Company also aims to address the urgent management challenges of meeting the listing maintenance criteria and ending 3 consecutive years of losses.