Decline in the Liquidity of the Company's Shares
First written in FY2023. 2 of 4 entries say "Mitigated", first in FY2024. Latest entry: FY2026.
Rebase moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 14 of 48 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「As of 31 March 2026, the company's tradable share ratio remained at 27.01%.」
The tradable share ratio fell from 32.77% to 27.01%, increasing the liquidity risk. - FY2025MitigatedAnnual report
「The listing maintenance standard set by Tokyo Stock Exchange, Inc. is 25%, while the company's tradable share ratio was 32.77% as of 31 March 2025.」
The tradable share ratio rose from 32.28% to 32.77%, widening the gap over the 25% listing maintenance standard. - FY2024MitigatedAnnual report
「The listing maintenance standard set by Tokyo Stock Exchange, Inc. is 25%, while the company's tradable share ratio was 32.28% as of 31 March 2024.」
The tradable share ratio rose from 31.95% to 32.28%, slightly widening the gap over the 25% listing maintenance standard. - FY2023First statedAnnual report
「The listing maintenance standard set by Tokyo Stock Exchange, Inc. is 25%, while the company's tradable share ratio was 31.95% as of 31 March 2023.」
Compares the tradable share ratio with the listing maintenance standard and indicates a policy of improving liquidity through future stock-option exercises and other measures.