Market News

May 19, 2025 TSE Daily Price Limits to be Broadened : 3 issues

The following 3 issues have fallen under the following (1) or (2) for two consecutive business days. As such, TSE wishes to bring to your attention that it will broaden only the upper (or lower) daily price limit on the next business day (May 20) as follows.

(1) The upper (or lower) daily price limit is reached and trading volume is 0 without conducting allocation at the upper (or lower) daily price limit
(2) Trading volume remains at 0 shares until the end of the afternoon session, trades are executed at the upper (or lower) daily price limit at the close of the afternoon session with bids (or offers) remaining at the upper (or lower) daily price limit.

Schoo,inc. (Code: 264A)
　　Lower daily price limit: 600 yen (Upper limit will remain 150 yen as per normal)
　　Base price: 996 yen; Upper daily price limit: 1,146 yen; Lower daily price limit: 396 yen

DENSAN CO.,LTD. (Code: 3640)
　　Upper daily price limit: 2,000 yen (Lower limit will remain 500 yen as per normal)
　　Base price: 2,368 yen; Upper daily price limit: 4,370 yen; Lower daily price limit: 1,868 yen

PIALA INC. (Code: 7044)
　　Upper daily price limit: 400 yen (Lower limit will remain 100 yen as per normal)
　　Base price: 550 yen; Upper daily price limit: 950 yen; Lower daily price limit: 450 yen

(Note 1) If a trade is executed at a price other than the upper (or lower) daily price limit on or after May 20, TSE will return the daily price limits to normal (i.e., the daily price limits will continue to be broadened if trading is only executed at the upper (or lower) daily limit price, or the trading session ends with a quote displayed at the upper (or lower) daily limit price without any trade being executed).
(Note 2) Please note that a market order may be executed at an unexpected price due to the broadened daily price limits.