Compliance with the Prime Market listing maintenance criteria
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2023: 2 of 16 companies on the "Worse" side.
5 other companies' latest entry also says "Dropped".
- FY2024-Q2DroppedAnnual report
「As of 20 October 2023, the Company's shares changed from the Tokyo Stock Exchange Prime Market to the Standard Market of the same exchange.」
Regarding the previous theme of meeting the Prime Market continued-listing criteria, the company disclosed that it changed markets to the Standard Market effective 20 October 2023, and the previous objective concerning the Prime Market has not continued to be described. - FY2023RestatedAnnual report
「The company has established a plan period through the fiscal year ending March 2025 and is advancing initiatives to increase market capitalization and the tradable share ratio. While focusing on achieving the medium-term management plan for which the fiscal year ending March 2025 is the final year, it will continue working to sustainably increase corporate value.」
The company continues its initiatives to meet the Prime Market criterion for the market capitalization of tradable shares, including the plan period through the fiscal year ending March 2025 and efforts to increase market capitalization and the tradable share ratio. - FY2022First statedAnnual report
「Regarding the Tokyo Stock Exchange’s review of its market segments in April 2022, the company chose to list on the Prime Market. As of the transition reference date (30 June 2021), it did not meet the Prime Market criterion for the market capitalization of tradable shares. Accordingly, the company has established a plan period through the fiscal year ending March 2025 and is advancing initiatives to increase market capitalization and the tradable share ratio. While focusing on achieving the medium-term management plan for which the fiscal year ending March 2025 is the final year, the company will work to continuously increase corporate value and meet the continued-listing criteria.」
The company has explicitly stated for the first time its selection of listing on the Prime Market, its failure to meet the market capitalization criterion for tradable shares, the plan period through the fiscal year ending March 2025, and its goal of increasing market capitalization and the tradable share ratio.