Non-Compliance with Prime Market Listing Maintenance Criteria and Delisting Risk
First written in FY2025. 1 of 2 entries say "Materialised", first in FY2025. Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 1 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「As of 31 July 2025, the company confirmed that it was in compliance with the criterion. This eliminated the risk of delisting on 1 October 2026. However, if the share price falls sharply or the number of tradable shares declines substantially, the company could again fall foul of the listing maintenance criteria.」
Non-compliance with the market capitalization criterion for tradable shares was resolved as of 31 July 2025, eliminating the risk of delisting on 1 October 2026. However, the company remains at risk of falling foul of the criterion again if the share price declines or the number of tradable shares decreases. - FY2025MaterialisedAnnual report
「As of 31 March 2025, the Company did not meet the Tokyo Stock Exchange Prime Market continued-listing criteria for tradable share market capitalisation. If compliance cannot be confirmed during the improvement period ending 31 March 2026, the Tokyo Stock Exchange will designate the Company's shares as Securities Under Supervision (confirmation pending). If compliance with the tradable share market capitalisation criterion cannot be confirmed, the shares will be designated as Securities to Be Delisted, and the Company's shares will be delisted on 1 October 2026.」
As of 31 March 2025, the company was non-compliant with the market capitalization criterion for tradable shares. The disclosure specifically describes the improvement period through 31 March 2026, the possibility of delisting on 1 October 2026, and initiatives to achieve compliance.