TOKYO, Mar 23 (Pulse News Wire) – Sockets Inc. (3634.T) disclosed progress towards meeting Tokyo Stock Exchange Standard Market listing requirements, focusing on increasing liquidity through discussions with major shareholders and potential dual listings on other exchanges.
As of March 17, KDDI, a significant shareholder, plans to sell up to 240,000 shares via off-market transactions, which could significantly boost the company's float. However, the exact number of shares sold remains undetermined. The company also outlined its strategy to enhance enterprise value, aiming for continued revenue growth and profitability. In the latest quarter ending February 2026, operating profit reached ¥--¥80 million, compared to ¥__NUM_10__ million in the previous quarter.
Revenue stood at ¥1.100 billion, marking a steady upward trend. Additionally, Sockets Inc. introduced a revised dividend policy, planning to offer enhanced shareholder benefits, including gift cards from Tower Records and TOHO Cinemas, aimed at boosting investor engagement. The company anticipates a tripling of its shareholder base due to these initiatives.
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