Techno Mathematical Co.,Ltd. [3787.T]
TOKYO, Jun 12 (Pulse News Wire) – Techno Mathematical CO.,LTD. (3787.T) announced today that its board of directors has approved an application for dual listing on the Fukuoka Securities Exchange Main Board.
The move comes after the company failed to meet the Tokyo Stock Exchange's maintenance criteria of a circulating stock market value of ¥1 billion by the deadline, leading to a delisting decision effective October 1, 2026. In recent quarters, Techno Mathematical reported ordinary profit of ¥106 million. Despite this recovery, the company fell short of meeting the circulation market value requirement. Recognizing the importance of maintaining liquidity for individual shareholders who hold more than 90% of shares based on number of shareholders and share count, the company decided to apply for listing on the Fukuoka Securities Exchange to ensure continued trading opportunities.
Furthermore, Techno Mathematical aims to maintain transparency in governance, timely disclosure, and corporate governance while pursuing sustainable growth and enhancing corporate value. The company believes that securing a listing on the Fukuoka Securities Exchange aligns well with its size and shareholder structure, providing a suitable environment for sustained growth. Looking ahead, the approval and timing of the listing remain undetermined. Should the application be accepted and listing occur by September 30, 2026, Techno Mathematical would operate under a dual listing arrangement until that date, maintaining listings on both the Tokyo and Fukuoka exchanges concurrently.
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