Decision and Details
Quarterly Report for Initial Listing Application (Second Quarter of the 26th Fiscal Year)
To file a quarterly report for the initial listing application. The stock split is intended to lower the investment amount per unit, improve liquidity and expand the investor base, as well as standardize the trading unit at 100 shares.
The novel coronavirus disease has not had a significant impact at this time, and its effect on business activities has been limited and minor. However, if the situation becomes prolonged or more serious, it may have a material impact on the financial statements for subsequent quarterly accounting periods.
| Item | Details |
|---|---|
| Matter Covered | Quarterly Report for Initial Listing Application (Second Quarter of the 26th Fiscal Year) |
| Implementation Date | Filing date: 24 August 2021 (filed); effective date of the stock split and unit share system: 12 March 2021 (implemented) |
| Period Covered | Cumulative second-quarter period of the 26th fiscal year (from 1 July 2020 to 31 December 2020) and second-quarter accounting period (from 1 October 2020 to 31 December 2020) |
| Amount | Revenue: ¥942.048 million; operating profit: ¥46.112 million; ordinary profit: ¥41.759 million; quarterly net income: ¥31.649 million; research and development expenditure: ¥86.664 million; shares issued before the stock split: 52,204; increase in shares from the stock split: 2,035,956; shares issued after the stock split: 2,088,160; authorized shares after the stock split: 8,000,000 |
| Quantity / scale | A stock split at a ratio of 40 shares for each common share; 1 unit: 100 shares; exercise prices of stock acquisition rights adjusted as follows: Series 3, from ¥8,000 to ¥200; Series 4, from ¥9,000 to ¥225; Series 5, from ¥10,000 to ¥250; Series 6, from ¥12,000 to ¥300 |
| Impact on Business Performance | The novel coronavirus disease has not had a significant impact at this time, and its effect on business activities has been limited and minor. However, if the situation becomes prolonged or more serious, it may have a material impact on the financial statements for subsequent quarterly accounting periods. |
| Reason | To file a quarterly report for the initial listing application. The stock split is intended to lower the investment amount per unit, improve liquidity and expand the investor base, as well as standardize the trading unit at 100 shares. |
| Governing Rule | Regulation Concerning Terminology, Forms and Preparation Methods of Quarterly Financial Statements, etc.; Article 211, Paragraph 6 of the Tokyo Stock Exchange Securities Listing Regulations; Article 193-2, Paragraph 1 of the Financial Instruments and Exchange Act; and Article 184, Paragraph 2 of the Companies Act |
| Related previous disclosures | Securities Report for Application for New Listing (Part I) (date and title details: Not disclosed) |
Items this document does not state (3)
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 submit quarterly financial information for the second quarter of the 26th fiscal year to the Tokyo Stock Exchange in connection with the initial listing application. The company explained its business results as reflecting progress in proposing and implementing payment systems and terminals, as well as projects to modify and enhance existing systems.