Apr. 30, 2021
Removal of Grace Period pertaining to Reassignment to the 2nd Section from the 1st Section and Delisting：WATABE WEDDING CORPORATION and 7 Other Issues
Tokyo Stock Exchange, Inc. has today published "Partial Revision of the Enforcement Rules for Securities Listing Regulations in accordance with the Development of Listing Rules for Cash Equity Market Restructuring (second set of revisions)" in preparation for the restructuring of the market segments scheduled for Apr. 4, 2022.
Under this revision, the criteria for reassignment from the 1st Section to the 2nd Section and delisting that are not included in the continued listing criteria for the new market segments will be discontinued on Jun. 30, 2021.*1 As a result, for issues whose grace period assigned based on these criteria ends after Jun. 30, 2021,.said grace period will be cancelled as follows:
1.Removal of Grace Period pertaining to Reassignment to the 2nd Section from the 1st Section
| Issue Name |
Code |
Market |
Reason |
| WATABE WEDDING CORPORATION stock |
4696 |
1st Section |
liabilities in excess of assets |
(note)
- ･On Mar. 19, 2021, as the company adopted a resolution and made an announcement that it would put forth an agenda item at an upcoming general shareholders meeting regarding a reverse stock split, which is dependent on the adoption of a proposed corporate rehabilitation plan that includes an agreement on the cancellation of debt and the issuance of new shares through a third-party allotment, TSE designated said stock as Securities Under Supervision (Confirmation) with that announcement. Please also be aware that the company has entered into another grace period pertaining to delisting based on the criteria of liabilities in excess of assets.*2
2.Removal of Grace Period pertaining to Delisting
| Issue Name |
Code |
Market |
Reason |
| Y.S.FOOD CO.,LTD. stock |
3358 |
JASDAQ Standard |
Recorded Profit |
| RaQualia Pharma Inc. stock |
4579 |
JASDAQ Growth |
Recorded Profit,
Business Performance
|
| SymBio Pharmaceuticals Limited stock |
4582 |
JASDAQ Growth |
Recorded Profit,
Business Performance
|
| ORIENTAL CHAIN MFG. CO.,LTD. stock |
6380 |
2st Section |
market capitalization |
| LAPINE CO.,LTD. stock |
8143 |
2st Section |
market capitalization |
| OTSUKA KAGU,LTD. stock |
8186 |
JASDAQ Standard |
Recorded Profit |
| Saikaya Department Store Co.,Ltd. stock |
8254 |
2st Section |
market capitalization |
- Rule 1 of supplementary provisions of Securities Listing Regulations amended on Apr. 4, 2022. For details, please refer to Criteria for Delisting on the TSE website.
(https://www.jpx.co.jp/english/equities/listing/delisting/index.html)
- "Designation of Securities Under Supervision (Confirmation)" in the TSE Urgent Notice dated Mar. 19, 2021 and "Entry into Grace Periods pertaining to Reassignment from the 1st Section to the 2nd Section and Delisting" in the TSE Urgent Notice dated Mar. 26, 2021.
Enquiry
Tokyo Stock Exchange, Inc. Listing Department, Administration, Listed Company Services
TEL:+81-3-3666-0141(Switchboard)
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