TOKYO, Mar 31 (Pulse News Wire) – Kubotek Corporation (7709.T) announced today that its shares will be designated as supervised stock (under review) effective April 1, 2026, due to non-compliance with the circulating share market value criteria set by the Tokyo Stock Exchange's Standard Market listing maintenance standards. As of March 31, 2026, the company failed to meet the required circulating share market value threshold of ¥10 billion, which necessitates the designation.
According to the company’s statement, as of March 31, 2025, Kubotek had 3,352 shareholders with a circulating share count of 2,083,000 shares, representing a circulating share ratio of 29.4%. The company also noted that during the improvement period ending March 31, 2026, it did not achieve the minimum requirements stipulated by the exchange, leading to the supervisory status.
In response to this development, Kubotek plans to submit a distribution report of securities by March 31, 2026, within April 2026. Should the Tokyo Stock Exchange determine that the company fails to meet the circulating share market value requirement based on this report, Kubotek’s shares could face delisting as early as October 1, 2026.
The company deeply regrets any inconvenience caused to its shareholders, trading partners, and stakeholders.
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