HOB Designated as Delisting Risk Stock

TOKYO, Jun 30 (Pulse News Wire) – HOB CO.,LTD. (1382.T) announced that its shares will be designated as delisting risk stock (under review) by the Tokyo Stock Exchange effective July 1, 2026, due to non-compliance with the minimum circulating market value requirement during the improvement period ending June 30, 2026.

As of June 30, 2026, the company's circulating share count was 904 shareholders holding 3,813 units, resulting in a circulating market capitalization of ¥680 million. This falls below the exchange’s standards requiring at least 400 shareholders and a circulating market value of ¥1 billion. Details on the measures and reasons behind the designation can be found on the Japan Exchange Group website. Should the company fail to meet the circulating market value criteria based on the distribution status report submitted by July 2026, its shares could face further delisting risks, potentially leading to delisting on January 01, 2027.

Additionally, the board meeting held on March 25, 2026 decided to apply for listing on the main section of the Sapporo Stock Exchange. However, the outcome and timing of this application remain undetermined. --- The company faces significant challenges in maintaining its listing status on the Tokyo Stock Exchange due to ongoing non-compliance with key regulatory requirements. Shareholders and investors should closely monitor developments related to the upcoming submission and potential reevaluation by the Tokyo Stock Exchange.