TOKYO, Apr 30 (Pulse News Wire) – Matsumoto Inc. (7901.T) announced today that its shares will be designated as a surveillance status subject ("confirmation pending") by the Tokyo Stock Exchange effective May 1, 2026.
The decision follows non-compliance with the exchange's maintenance standards, specifically the circulating share market value criterion. As of April 30, 2025, the company had 1,489 shareholders holding 2,000 units, representing a circulation ratio of 0.00%. According to the criteria set forth by the Tokyo Stock Exchange, companies need to meet certain thresholds, such as having at least 400 shareholders and a minimum circulation ratio of 20%, to maintain their listing status. Despite efforts to improve during the grace period, Matsumoto Inc. failed to achieve conformity by the deadline.
In response to this development, the company plans to submit a detailed distribution report of securities by April 30, 2026, to the Tokyo Stock Exchange. Should the review result in continued non-conformity, the company’s shares could face delisting as early as November 1, 2026. Matsumoto Inc. estimates that based on closing averages from April 30, 2026, and shareholder data up to October 31, 2025, along with subsequent large-scale holdings reports, the number of circulating shares stands at approximately 2,083 units. Consequently, the company anticipates the circulating share market value to reach around 10 billion yen by the end of April 2026, which would satisfy the necessary criteria for maintaining its listing status.
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