Worth reading
75Important
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
3360
¥10,000Wording
Avoiding a definitive answer
How definitive the wording is.Decision and Details
Tokyo Stock Exchange, Inc.Entry into a grace period for reexamination due to violation of written oath and collection of listing agreement penalty
Decision18 June 2026 (date notification was received)
Period CoveredFrom 18 June 2026 to 18 June 2027
ImplementationGrace period commenced on 18 June 2026 (actual)
Going forwardThe company will consider applying for a review of compliance with criteria equivalent to the Prime Market's initial listing criteria or applying to change its market segment to the Standard Market or Growth Market, and will proceed with preparations accordingly during the grace period. The company will promptly disclose any matters requiring disclosure.
AmountListing agreement penalty: ¥33.6 million
Reason
Entry into a grace period for reexamination due to a violation of the oath and imposition of a listing agreement penalty. Refer to the Japan Exchange Group website for specific reasons and other details.
| Item | Details |
|---|---|
| Matter Covered | Entry into a grace period for reexamination due to violation of written oath and collection of listing agreement penalty |
| Decision-Making Body | Tokyo Stock Exchange, Inc. |
| Decision Date | 18 June 2026 (date notification was received) |
| Implementation Date | Grace period commenced on 18 June 2026 (actual) |
| Period Covered | From 18 June 2026 to 18 June 2027 |
| Amount | Listing agreement penalty: ¥33.6 million |
| Reason | Entry into a grace period for reexamination due to a violation of the oath and imposition of a listing agreement penalty. Refer to the Japan Exchange Group website for specific reasons and other details. |
| Related previous disclosures | Notice Regarding the Formulation of Recurrence Prevention Measures dated 15 May 2026 |
| Future plans | The company will consider applying for a review of compliance with criteria equivalent to the Prime Market's initial listing criteria or applying to change its market segment to the Standard Market or Growth Market, and will proceed with preparations accordingly during the grace period. The company will promptly disclose any matters requiring disclosure. |
Items this document does not state (3)
Quantity / scaleImpact on Business PerformanceGoverning Rule
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.The company directs readers to the Japan Exchange Group website for the reasons for entering the grace period for reexamination due to a violation of the oath and for the imposition of the listing agreement penalty. No specific reasons are explained in the disclosure.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.