Non-compliance with the Standard Market listing maintenance criteria
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2023: 3 of 15 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「One of the continued-listing criteria for the Standard Market is a tradable market capitalization of ¥1 billion or more, calculated under the relevant rules of the Tokyo Stock Exchange. As of 31 October 2025, however, the tradable market capitalization was below ¥1 billion. In addition to executing the medium-term management plan, the company will take various measures as necessary, including returning profits to shareholders and strengthening IR activities.」
The risk of failing to meet the continued-listing criterion of a tradable market capitalization of less than ¥1 billion remained at the end of October 2025, with the medium-term plan, shareholder returns and stronger IR cited as countermeasures. - FY2024First statedAnnual report
「One of the continued-listing criteria for the Standard Market is a tradable market capitalization of ¥1 billion or more, calculated under the relevant rules of the Tokyo Stock Exchange. As of 31 October 2024, however, the tradable market capitalization was below ¥1 billion.」
The company newly identifies the tradable market capitalization being below the ¥1 billion Standard Market continued-listing threshold as a risk and sets out measures including executing the medium-term management plan, enhancing shareholder returns and strengthening IR activities.