Failure to Meet the Continued Listing Criterion for Free-Float Ratio
First written in FY2022-Q1. 1 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2023: 4 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2023Updated listing maintenance criteria compliance planAnnual report
「As of 31 March 2023, the tradable share ratio still did not meet the listing maintenance criteria. Accordingly, the Company updated its “Plan to Achieve Compliance with the Listing Maintenance Criteria for the New Market Segments” on 11 May 2023. In accordance with this plan, the Company will continue working to achieve compliance with the listing maintenance criteria.」
While the tradable share ratio continues to fall short of the criteria, the Company updated its listing maintenance criteria compliance plan on 11 May 2023. - FY2023-Q3Updated listing maintenance criteria compliance planAnnual report
「As of 30 September 2022, the tradable share ratio still did not meet the listing maintenance criteria. Accordingly, the Company updated its “Plan to Achieve Compliance with the Listing Maintenance Criteria for the New Market Segments” on 15 December 2022. In accordance with this plan, the Company will continue working to achieve compliance with the listing maintenance criteria.」
While the tradable share ratio continues to fall short of the criteria, the Company updated its listing maintenance criteria compliance plan on 15 December 2022 and continues its efforts to achieve compliance. - FY2022-Q3Disclosed listing maintenance criteria compliance planAnnual report
「Regarding the planned review of the market segments of the Tokyo Stock Exchange, Inc. scheduled for April 2022, the Company submitted an application to select the Standard Market. However, as it did not meet the listing maintenance criteria for that market as of the transition reference date, 30 June 2021, it disclosed on 15 December 2021 a plan to achieve compliance with the listing maintenance criteria for the new market segments.」
The Company submitted an application to select the Standard Market and disclosed on 15 December 2021 a plan to achieve compliance with the listing maintenance criteria, including the tradable share ratio. - FY2022-Q2.Annual report
「On 9 July 2021, the Company received notification from the Tokyo Stock Exchange of the results of its initial assessment of compliance with the listing maintenance criteria for the new market segments. The Company met the listing maintenance criteria for the Standard Market in each of the categories of number of shareholders, number of tradable shares and market capitalization of tradable shares, but did not meet the criterion for tradable share ratio. In response, the Company is considering measures to improve its tradable share ratio, with the aim of meeting all the criteria for the Standard Market.」
The disclosure continues to address the notification that the tradable share ratio did not meet the Standard Market listing maintenance criteria and the consideration of measures to achieve compliance. - FY2022-Q1.Annual report
「On 9 July 2021, the Company received notification from the Tokyo Stock Exchange of the results of its initial assessment of compliance with the listing maintenance criteria for the new market segments. The Company met the listing maintenance criteria for the Standard Market in each of the categories of number of shareholders, number of tradable shares and market capitalization of tradable shares, but did not meet the criterion for tradable share ratio. In response, the Company is considering measures to improve its tradable share ratio, with the aim of meeting all the criteria for the Standard Market.」
The Company received initial assessment notification from the Tokyo Stock Exchange that its tradable share ratio did not meet the Standard Market listing maintenance criteria and has begun considering measures to achieve compliance.