Compliance with the Prime Market Listing Maintenance Criteria
First written in FY2022. 1 of 3 entries say "Dropped", first in FY2023. Latest entry: FY2024-Q2.
The whole theme swung hardest in 2022: 13 of 59 companies on the "Worse" side.
10 other companies' latest entry also says "Other".
- FY2024-Q2Change to the Standard Market implementedAnnual report
「Following the re-selection of our market segment, we changed from the Tokyo Stock Exchange Prime Market effective 20 October 2023.」
Following an application to select the Standard Market, the market segment was changed on 20 October 2023 from the policy of aiming to meet the Prime Market continued listing criteria. - FY2023DroppedAnnual report
「After comprehensively considering the Company's operating environment and the expiration of the Tokyo Stock Exchange's transitional measures, among other factors, we determined that it would be appropriate to apply to change our market segment from the Prime Market to the Standard Market.」
The policy changed from aiming to meet the Prime Market continued listing criteria to applying to select the Standard Market. - FY2022First statedAnnual report
「In addition, we will work to present a growth vision for enhancing corporate value that builds on the Sixth Medium-Term Management Plan, increase our attractiveness to shareholders by expanding shareholder returns, and strengthen our ability to communicate information so that more people become familiar with the Company, with the aim of enhancing corporate value and shareholder value to meet the Prime Market continued listing criteria.」
Following the transition to the Prime Market, and in light of the fact that market capitalization of tradable shares does not meet the continued listing criteria, the Company has for the first time explicitly stated its goal of meeting the criteria through enhanced corporate value, expanded shareholder returns and stronger information dissemination. The Company has set operating income of ¥1,300 million in fiscal 2025 as a key target.