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Management planning3963Synchro Food Co.,Ltd.Information and Communications, Services and Others

Plan to Meet Continued Listing Criteria (Entering the Improvement Period)

As of 31 March 2026, the market capitalization of tradable shares fell below the Prime Market listing maintenance criteria, resulting in non-compliance. The Company formulated a plan to meet the criteria during the improvement period ending March 2027.

Worth reading
37Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
90.4
¥100 million (market capitalization of tradable shares)
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Formulated
Plan for Compliance with Listing Maintenance Standards (Entering the Improvement Period)Plan period During the improvement period ending 31 March 2027
Publication date 24 June 2026
What happened to the previous planEarnings forecast (figures not provided) → Actual results for the fiscal year ended March 2026 (figures not provided)
Key initiatives
01Improve the earnings structure
02Introduce pay-per-application, recruitment agency, foreign-national matching and other success-fee-based billing plans
03Use AI to improve the efficiency of business processes and optimize personnel allocation
04Rebuild the business portfolio and pursue selective allocation of resources among businesses
05Gradually reallocate management resources to areas with strong growth potential
Non-financial targetsIndicator Shareholders / Target value 800 or more / Timing Improvement period ending March 2027, Indicator Number of tradable shares / Target value 20,000 units or more / Timing Improvement period ending March 2027, Indicator Market capitalization of tradable shares / Target value At least ¥10 billion / Timing Improvement period ending March 2027, Indicator Tradable share ratio / Target value 35% or more / Timing Improvement period ending March 2027
Risks identified by the company
The possibility that compliance with the Prime Market listing maintenance criteria may become difficult due to changes in the business environment and other factors.
If compliance during the improvement period ending 31 March 2027 cannot be confirmed, the Company may be designated by the Tokyo Stock Exchange as a Security Under Supervision (Confirmation).
If compliance with the market capitalization of tradable shares criterion is still not confirmed thereafter, the Company may be designated as a Security Under Supervision for Delisting and delisted on 1 October 2027.
Reason for revision or withdrawal

Performance for the fiscal year ended March 2026 fell short of the earnings forecast. The main factor was the significant impact of rapid changes in market conditions on the Company’s main service, job advertising services.

Items stated in the management plan
ItemDetails
Plan namePlan for Compliance with Listing Maintenance Standards (Entering the Improvement Period)
Plan periodDuring the improvement period ending 31 March 2027
Progress against the planFormulated
Non-financial targetsIndicator Shareholders / Target value 800 or more / Timing Improvement period ending March 2027, Indicator Number of tradable shares / Target value 20,000 units or more / Timing Improvement period ending March 2027, Indicator Market capitalization of tradable shares / Target value At least ¥10 billion / Timing Improvement period ending March 2027, Indicator Tradable share ratio / Target value 35% or more / Timing Improvement period ending March 2027
Key initiativesImprove the earnings structure, Introduce pay-per-application, recruitment agency, foreign-national matching and other success-fee-based billing plans, Use AI to improve the efficiency of business processes and optimize personnel allocation, Rebuild the business portfolio and pursue selective allocation of resources among businesses, Gradually reallocate management resources to areas with strong growth potential
Results under the previous planEarnings forecast (figures not provided) → Actual results for the fiscal year ended March 2026 (figures not provided)
Reason for revision or withdrawalPerformance for the fiscal year ended March 2026 fell short of the earnings forecast. The main factor was the significant impact of rapid changes in market conditions on the Company’s main service, job advertising services.
Risks identifiedThe possibility that compliance with the Prime Market listing maintenance criteria may become difficult due to changes in the business environment and other factors., If compliance during the improvement period ending 31 March 2027 cannot be confirmed, the Company may be designated by the Tokyo Stock Exchange as a Security Under Supervision (Confirmation)., If compliance with the market capitalization of tradable shares criterion is still not confirmed thereafter, the Company may be designated as a Security Under Supervision for Delisting and delisted on 1 October 2027.
Publication date24 June 2026
Items this document does not state (16)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetPlan assumptionsSize 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.

Performance for the fiscal year ended March 2026 fell short of the Company’s forecast, as its main service, job advertising services, was significantly affected by rapid changes in market conditions, including the downturn in macroeconomic indicators related to the food-service industry, a shift toward hiring foreign nationals, and changes in hiring methods toward success-fee-based models.

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Plan to Meet Continued Listing Criteria (Entering the Improvement Period) | Synchro Food Co.,Ltd. (3963) timely disclosure | Komori