Decision and Details
Transfer of the company’s common shares by a major shareholder
To meet the listing maintenance criteria, the company is working to enhance corporate value, improve share liquidity and increase the number of tradable shares, and is bringing non-tradable shares into circulation to improve the market capitalization of tradable shares.
This matter will have no impact on the company’s operating results or financial position.
| Item | Details |
|---|---|
| Matter Covered | Transfer of the company’s common shares by a major shareholder |
| Implementation Date | 15 October 2026 (completed) |
| Quantity / scale | Number of shares transferred: 140,000 common shares; percentage of total shares issued: 4.72% |
| Impact on Business Performance | This matter will have no impact on the company’s operating results or financial position. |
| Reason | To meet the listing maintenance criteria, the company is working to enhance corporate value, improve share liquidity and increase the number of tradable shares, and is bringing non-tradable shares into circulation to improve the market capitalization of tradable shares. |
| Governing Rule | Tokyo Stock Exchange Growth Market listing maintenance criteria (market capitalization of tradable shares) |
| Related previous disclosures | Dated 19 May 2026: “Plan for Meeting the Listing Maintenance Criteria and Entry into the Improvement Period (Market Capitalization of Tradable Shares)” |
| Future plans | Based on the plan for meeting the listing maintenance criteria, the company will continue initiatives to enhance corporate value and improve share liquidity. |
Items this document does not state (4)
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 transfer was carried out as part of an initiative to bring non-tradable shares into circulation in order to improve the market capitalization of tradable shares and meet the listing maintenance criteria.