Komori
Management planning7602Ledax Co.,Ltd.Trading & Wholesale

Notice Regarding Compliance with the Listing Maintenance Criteria and the Removal of Our Shares from the Securities Under Supervision (Under Confirmation) Designation

The Company met, as of the end of March 2026, the market capitalization of tradable shares criterion with which it was non-compliant as of the end of March 2025. As a result, the Company now meets all listing maintenance criteria for the TSE Standard Market, and the designation of its shares as Securities Under Supervision (Confirmation Pending) will be lifted as of 16 April 2026.

Worth reading
29Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
8.86
¥100 million (increase in the market capitalization of tradable shares)
Wording
Definitive
How definitive the wording is.

Items stated in the management plan

Annual update
Publication date 15 April 2026

This document does not state the plan name, plan period, or numerical targets.

Statements about the use of capital
Payout ratio / DOE policyThe policy is to pay dividends in line with improvements in business performance and profitability. The applicable period is Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Treasury share acquisition policyThe Company states that it considered disposing of treasury shares. The size, timing and terms of any acquisition are Not disclosed.
Self-assessment of PBR and share priceThe Company states that it has pursued and achieved improvements in business performance and its share price. Its self-assessment regarding the PBR figure and the low level of its share price is Not disclosed.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Measures to enhance corporate value
02Strengthening IR and public relations activities
03Shareholder return measures
04Sale of part of the Company's shares to business corporations and others
Plan assumptionsThe Company will consider measures while taking into account their impact on the share price and the purposes for which shares are held. Numerical assumptions are Not disclosed.
Risks identified by the company
Non-compliance with the market capitalization of tradable shares criterion
The possibility of being unable to consistently satisfy the listing maintenance criteria
Items stated in the management plan
ItemDetails
Progress against the planAnnual update
Payout ratio / DOE policyThe policy is to pay dividends in line with improvements in business performance and profitability. The applicable period is Not disclosed.
Treasury share acquisition policyThe Company states that it considered disposing of treasury shares. The size, timing and terms of any acquisition are Not disclosed.
Self-assessment of PBR and share priceThe Company states that it has pursued and achieved improvements in business performance and its share price. Its self-assessment regarding the PBR figure and the low level of its share price is Not disclosed.
Plan assumptionsThe Company will consider measures while taking into account their impact on the share price and the purposes for which shares are held. Numerical assumptions are Not disclosed.
Key initiativesMeasures to enhance corporate value, Strengthening IR and public relations activities, Shareholder return measures, Sale of part of the Company's shares to business corporations and others
Risks identifiedNon-compliance with the market capitalization of tradable shares criterion, The possibility of being unable to consistently satisfy the listing maintenance criteria
Publication date15 April 2026
Items this document does not state (17)
Plan namePlan periodSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target MarketDate of board resolution

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 advanced measures to enhance corporate value, strengthened its IR and public relations activities, implemented shareholder return measures, and proceeded with the sale of part of the Company's shares held by business corporations and others, based on its plan for achieving compliance with the listing maintenance criteria.

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 Compliance with the Listing Maintenance Criteria and the Removal of Our Shares from the Securities Under Supervision (Under Confirmation) Designation | Ledax Co.,Ltd. (7602) timely disclosure | Komori