Satisfaction of the Standard Market's Tradable Share Ratio and Market Capitalization Criteria
First written in FY2022-Q3. 3 of 7 entries say "Advanced", first in FY2022. Latest entry: FY2026-H1.
2 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Tokyo Stock Exchange Standard Market」
The company continues to disclose its listing on the Standard Market of the Tokyo Stock Exchange. - FY2025-H1RestatedAnnual report
「Tokyo Stock Exchange Standard Market」
The company continues to disclose its listing on the Standard Market of the Tokyo Stock Exchange. - FY2024-Q1RestatedAnnual report
「Tokyo Stock Exchange Standard Market」
The company continues to disclose its listing on the Standard Market of the Tokyo Stock Exchange. - FY2023-Q2AdvancedAnnual report
「Subsequently, at a meeting of the Board of Directors held on 9 August 2022, the Company resolved, pursuant to Article 178 of the Companies Act, to cancel treasury shares and cancelled 1,322,324 treasury shares on 20 September 2022. As a result, the total number of issued shares decreased by 1,322,324, leaving 0 treasury shares as of the end of the second quarter accounting period.」
As a specific measure to meet the Standard Market's continued-listing criteria, the Company cancelled 1,322,324 treasury shares on 20 September 2022. - FY2023-Q1AdvancedAnnual report
「1. Reason for cancellation of treasury shares The Company will cancel these treasury shares to increase the free-float ratio and meet the continued-listing criteria for the newly designated Standard Market. 2. Details of the cancellation (1) Class of shares to be cancelled: Common shares of the Company (2) Number of shares to be cancelled: 1,322,324 shares (27.07% of total issued shares before cancellation) (3) Scheduled cancellation date: 20 September 2022 (4) Total issued shares after cancellation: 3,561,676 shares」
The Company resolved to cancel 1,322,324 shares on 20 September 2022 as a specific measure to increase the free-float ratio and meet the Standard Market's continued-listing criteria. - FY2022AdvancedAnnual report
「April 2022 Following the Tokyo Stock Exchange's market-segment review, the Company moved from the Tokyo Stock Exchange JASDAQ (Standard) to the Standard Market.」
In connection with the market-segment review, the Company moved from JASDAQ (Standard) to the Standard Market. The document does not provide the actual free-float market capitalization or free-float ratio. - FY2022-Q3First statedAnnual report
「Regarding the Tokyo Stock Exchange's planned review of its market segments on 4 April 2022, the Company began a full-scale examination in late April 2021 of the significance, merits and means of maintaining the listing of its common shares on the new market. As a result of this examination, in late May 2021 the Company recognized the need to increase the free-float ratio of its common shares and enhance their value so that it could meet the new Standard Market criteria of free-float market capitalization of at least ¥1 billion and a free-float ratio of at least 25%. The Company determined that continuing to list its common shares on the new market would be important for achieving sustainable growth and enhancing corporate value over the medium to long term, specifically by securing market trading opportunities for shareholders, recruiting talented personnel, increasing existing employees' motivation, and maintaining and enhancing social credibility.」
Based on the Tokyo Stock Exchange's market-segment review, the document for the first time states the target of meeting the Standard Market criteria of free-float market capitalization of at least ¥1 billion and a free-float ratio of at least 25%.