TOKYO, May 15 (Pulse News Wire) – AP Holdings CO.,LTD. (3175.T) announced today that it expects to meet the listing standards based on its positive net assets as of March 31, 2026.
In a previous disclosure dated May 15, 2025, the company acknowledged that it had fallen into debt overhang status as of March 31, 2025, leading to a grace period under delisting criteria. However, through various measures aimed at resolving the debt overhang, including structural reforms and capital strengthening strategies, the company's net assets turned positive as of March 31, 2026. Specifically, the company reported a negative net asset value of --¥50 million as of March 31, 2025, according to its securities report filed on June 27, 2025.
Following extensive efforts detailed in their May 15, 2025, announcement, AP Holdings achieved a positive net asset value of ¥1.124 billion as of March 31, 2026. The company plans to officially announce the positive net asset figure upon filing its securities report for the fiscal year ending March 31, 2026, expected in late June 2026. This move is anticipated to ensure continued compliance with the listing standards.
🟢 Confidence: High AI-translated content.