Wintest Corp. (6721) · RiskDropped
Breach of Listing Criteria and Grace Period
First written in FY2016-Q2. 1 of 2 entries say "Dropped", first in FY2016. Latest entry: FY2016.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Continued-listing and delisting risk under market capitalization criteria (including market capitalization of tradable shares)A theme 49 companies write about · 51 as a headwind · 3 as a tailwind
The whole theme swung hardest in 2022: 2 of 13 companies on the "Worse" side.
8 other companies' latest entry also says "Dropped".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 49 companies compared. The sentences above are computed from all 49.Full recordFilings, disclosures and news, newest first
- FY2016DroppedAnnual report
「Tokyo Stock Exchange Second Section」
The explanation of the breach of the delisting criteria and the grace period included in the previous filing was omitted from this Securities Report, which simply identified the listing venue as the Tokyo Stock Exchange Second Section. - FY2016-Q2First statedAnnual report
「In February 2016, the market capitalization of our shares, based on both the monthly average and month-end market capitalizations, fell below ¥1 billion. As a result, our shares entered the grace period for delisting under the Tokyo Stock Exchange's delisting criteria based on listed market capitalization.」
The disclosure first explicitly stated that the shares had entered a grace period because market capitalization was below ¥1 billion, and that delisting would be a risk if the criteria were not met by 30 November 2016.