Decision to Delist the Company's Shares and Designation as Securities to Be Delisted
KUBOTEK CORPORATION
The Company's shares; TSE Standard Market
The Company required time to restore stable earning power due to the effects of changes in the capital investment plans of major customers and longer delivery times, among other factors, and earnings remained sluggish, including the recording of operating losses for 7 consecutive fiscal periods through the previous fiscal year. In addition, existing shareholders held a high proportion of non-tradable shares.
Related procedures
Delisting decision; designation as securities to be delisted
Tokyo Stock Exchange, Inc.
Company response
Following delisting, the Company's shares will no longer be tradable on the stock market.
The period of designation as securities to be delisted is from 22 April 2026 through 30 September 2026. The shares will be delisted on 1 October 2026. The Company will announce at a later date how its shares will be handled following delisting.
The Company will provide notice at a later date regarding the handling of its shares after delisting.
| Item | Details |
|---|---|
| Event name | Decision to Delist the Company's Shares and Designation as Securities to Be Delisted |
| Date of occurrence | 22 April 2026 (the date notification was received from the Tokyo Stock Exchange) |
| Date recognized / date notice received | 22 April 2026 |
| Subject Entity | KUBOTEK CORPORATION |
| Target Locations / Products | The Company's shares; TSE Standard Market |
| Cause | The Company required time to restore stable earning power due to the effects of changes in the capital investment plans of major customers and longer delivery times, among other factors, and earnings remained sluggish, including the recording of operating losses for 7 consecutive fiscal periods through the previous fiscal year. In addition, existing shareholders held a high proportion of non-tradable shares. |
| Type of litigation or proceeding | Delisting decision; designation as securities to be delisted |
| Court or authority | Tokyo Stock Exchange, Inc. |
| Date of filing / date of action | 22 April 2026 |
| Suspended operations | Following delisting, the Company's shares will no longer be tradable on the stock market. |
| Outlook | The period of designation as securities to be delisted is from 22 April 2026 through 30 September 2026. The shares will be delisted on 1 October 2026. The Company will announce at a later date how its shares will be handled following delisting. |
| Planned follow-up disclosure | The Company will provide notice at a later date regarding the handling of its shares after delisting. |
Items this document does not state (13)
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.Earnings remained sluggish, as the Company required time to restore its earning power due to changes in the capital investment plans of major customers and longer delivery times, and recorded operating losses for 7 consecutive fiscal periods through the previous fiscal year. In addition, existing shareholders held a high proportion of non-tradable shares.