Unozawa-gumi Iron Works, Limited [6396.T]
TOKYO, Mar 31 (Pulse News Wire) – Unozawa-gumi Iron Works,limited (6396.T) announced today that its shares will be designated as regulated stock (under review) effective April 1, 2026, due to non-compliance with the Tokyo Stock Exchange's listing maintenance criteria, specifically the free float market capitalization requirement. As of March 31, 2025, the company had 553 shareholders with a total of 2,931 units of freely tradable shares valued at ¥865 million.
However, the exchange requires a minimum of 400 shareholders holding at least 2,000 units of freely tradable shares worth ¥1 billion. The designation as a regulated stock (under review) will remain until the Tokyo Stock Exchange determines whether further delisting measures are warranted.
Should the company fail to meet the free float market capitalization requirement based on its distribution status report submitted by April 2026, its shares could face suspension from trading on the Tokyo Stock Exchange and potential delisting as early as October 1, 2026. However, Unozawa-gumi remains listed on the Nagoya Stock Exchange Main Market, which has different listing standards.
Provided the company meets those criteria, trading on the Nagoya Stock Exchange would continue uninterrupted.
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