Market News

Jan. 27, 2020 TSE Decision on Delisting, etc.: SOTSU CO.,LTD.


TSE has decided on delisting and designation as Securities to Be Delisted as follows.

1.Delisting and Designation as Securities to Be Delisted

(1)Issue Name SOTSU CO.,LTD. stock
(Code: 3711, Market Division: JASDAQ Standard)
(2)Period of Designation as Securities to Be Delisted From Jan. 27, 2020 (Mon.) to Feb. 26, 2020 (Wed.)
(3)Delisting Date Feb. 27, 2020 (Thu.)
(Note) In cases where circumstances in which the company should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date.
(4)Provision Securities Listing Regulations, Rule 604-2, Paragraph 1, Item 3
(Rule 601, Paragraph 1, Item 20 of the same regulations is a related rule.)
(Due to falling under cases where the Exchange deems delisting as appropriate.)
(5)Reason At the general shareholders meeting of SOTSU CO.,LTD. (hereinafter "the Company") held today, the agenda item regarding a reverse stock split (effective date: Mar. 1, 2020) with the ratio at which the number of shares held by shareholders of the Company other than BANDAI NAMCO Holdings Inc. (Code: 7832, Market Division: 1st Section) will be less than one share was approved.

2.Exclusion from Securities in Lieu of Money

The stock of the Company will be excluded from securities in lieu of money for the following items from Jan. 28, 2020 (Tue.) inclusive.
- Customer margin for margin trading and when-issued transactions
- Trading margin for when-issued transactions
- Trading participant security money
- Participant bonds

Current Designations of Securities Under Supervision & Securities to Be Delisted
Designation History of Securities Under Supervision & Securities to Be Delisted

DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.


Tokyo Stock Exchange, Inc. Listing Department, Corporate Disclosure Office, Planning & Coordination, Listed Company Services