GENERATION PASS CO.,LTD. [3195.T]
TOKYO, Apr 15 (Pulse News Wire) – Generation Pass CO.,LTD. (3195.T) announced today that its board of directors, held, resolved to apply for a market classification change from the Tokyo Stock Exchange Growth Market to the Standard Market.
The application was filed to enhance governance and broaden investor participation. Since its founding, the company has expanded its operations beyond being a mere sales platform, focusing on building an Asian value chain that integrates marketing data and market expertise across Asia. Revenue grew from ¥4.414 billion in fiscal 2014 to an estimated ¥18.60 billion for the fiscal year ending October 2026, marking a nearly fourfold increase since listing in December 2014. Looking ahead, the company plans further expansion through initiatives such as enhancing direct-to-consumer brands, expanding functional fiber applications in apparel markets, and securing overseas customers.
These efforts aim to sustain revenue growth. The move to the Standard Market is seen as a strategic step towards achieving higher governance standards and improving capital market credibility. It aligns with the company's long-term strategy to gradually advance to the Prime Market, ensuring continuous enhancement of trust and visibility in the capital market. However, approval from the Tokyo Stock Exchange is still pending, and the transition is contingent upon their formal endorsement.
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