KOSAIDO Holdings Co.,Ltd. [7868.T]
TOKYO, Jun 29 (Pulse News Wire) – Kosaido Holdings CO.,LTD. (7868.T) reported that as of March 31, 2026, it failed to meet the listing standards for the Prime Market due to insufficient free float ratio.
The company stated that it had developed a plan to address this issue within the improvement period until March 31, 2027. As of March 31, 2026, KOSAIDO's free float ratio did not comply with the Prime Market listing requirements. The company plans to take various measures to improve its free float ratio. Failure to meet the criteria by March 31, 2027 could result in the company being designated as a "confirmed delisting candidate" by the Tokyo Stock Exchange.
If the free float ratio still does not meet the requirement based on the distribution status report submitted by March 31, 2027, the company could face delisting, with its shares potentially removed from trading on October 1, 2027. Current situation: Number of shareholders: 9,833 people Free float share count: 552,320 units Free float ratio: ¥26.70 billion Listing standards: Minimum number of shareholders: 800 people Minimum free float share count: 20,000 units Minimum free float ratio: ¥10.00 billion KOSAIDO’s free float ratio falls below the required standard, while other metrics such as shareholder count and total market value remain compliant. To address the issue, KOSAIDO will consider reducing its treasury stock holdings to appropriate levels. The company also plans to explore options such as utilizing treasury stock for employee stock incentives to boost morale and enhance corporate value.
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