Komori
Governance6619W-SCOPE CorporationElectric Appliances & Precision Instruments

Notice Regarding the Application to Change Market Segments to the Standard Market of the Tokyo Stock Exchange

The company determined that it would be difficult to meet the Prime Market continued-listing criteria during the current fiscal year and applied to change its market segment to the Standard Market of the Tokyo Stock Exchange.

Worth reading
80Important
Scored from 1 of 5 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
100
¥ billion (continued-listing criterion for the market capitalization of tradable shares)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The company applied to change its market segment to the Standard Market of the Tokyo Stock Exchange. This document does not explicitly state what has changed since the previous report.

この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。

Contents of this filing
ItemDetails
Changes this timeThe company applied to change its market segment to the Standard Market of the Tokyo Stock Exchange. This document does not explicitly state what has changed since the previous report.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder

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 market capitalization of tradable shares declined as consolidated revenue and business performance deteriorated due to sluggish sales for EV applications. Given that EV demand is also expected to remain weak, the company determined that meeting the Prime Market continued-listing criteria during the current fiscal year would be difficult.

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.
Notice Regarding the Application to Change Market Segments to the Standard Market of the Tokyo Stock Exchange | W-SCOPE Corporation (6619) timely disclosure | Komori