Abalance Corp Designated as Delisting Candidate by Tokyo SE

TOKYO, Jul 31 (Pulse News Wire) – Abalance Corporation (3856.T) was designated as a delisting candidate by the Tokyo Stock Exchange (TSE) due to concerns over internal control systems. According to the TSE, the company's stock faces potential non-compliance with listing standards, triggering the designation under Article 604 Clause 1 Item 12 of the Securities Listing Regulations Implementation Rules and Article 601 Clause 1 Item 9b of the Securities Listing Regulations.

The designation took effect, and will remain in place until the TSE determines whether the company meets continued listing requirements. In response, Abalance stated it will fully cooperate with the TSE’s review process, promptly submitting necessary documents and providing explanations.

The company also pledged to disclose timely updates based on any emerging facts or external expert findings. Abalance apologized to shareholders and investors for any concern caused by this development.