NEPON Inc. [7985.T]

TOKYO, Apr 15 (Pulse News Wire) – NEPON Inc. (7985.T) received notification from the Tokyo Stock Exchange today that its shares will be delisted effective October 1, 2026 due to non-compliance with listing standards.

The company was also designated as a speculative stock. "We deeply apologize to our shareholders, investors, trading partners, and stakeholders for reaching this situation," said CEO and Representative Director (Fukuda Haruhisa). According to the notice, NEPON's share distribution does not meet the criteria set by the Tokyo Stock Exchange.

As of March 31, 2026, the company had 150 shareholders and 4,949 units of circulating shares, representing a circulation ratio of April 15, 2026% compared to the exchange’s requirement of October 01, 2026% for the Fukuoka Stock Exchange main board. NEPON expects to maintain its listing on the Fukuoka Stock Exchange Main Board pending further review. However, the company believes it currently meets the Fukuoka Stock Exchange's delisting criteria based on its own calculations.

Further details on the measures taken by the Tokyo Stock Exchange can be found on their website.

Original Disclosure (PDF)

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