Zero Co., Ltd. TSE:9028

ZERO : Notice Regarding Compliance with Listing Maintenance Criteria

Published

Source: MarketScreener

Notice Regarding Compliance with Listing Maintenance Criteria

September 3, 2025

Company name: ZERO CO., LTD. Code No: 9028 (Tokyo Stock Exchange Standard Section) Representative: CEO & President - Toshihiro Takahashi

Contact for Inquiries: Corporate Officer, General Manager of Corporate Strategy Division -Takashi Date

Telephone: +81(44) 520-0106

We submitted a plan for compliance with the Standard Market's listing maintenance criteria on December 23, 2021, and disclosed its contents. We announce that we have now received notification from the Tokyo Stock Exchange titled "Status of Compliance with Listing Maintenance Criteria (Distribution Standard)," confirming that, as of August 25, 2025, we comply with the listing maintenance criteria for the Standard Market, as set forth below.

  1. Status of Compliance with Listing Maintenance Criteria

    The status of our company's compliance with the listing maintenance criteria is shown in the table below. As of June 30, 2021, we did not meet the criteria regarding the tradable share ratio for the Standard Market's listing maintenance criteria. However, following initiatives based on our compliance plan, as of August 25, 2025, we have satisfied all aspects of the Standard Market's listing maintenance criteria.

    No. of Shareholde rs

    No. of Tradable Shares

    Tradable Share Market Cap

    Tradable Share Ratio

    Our Compliance Status and Its Transition

    As of June 30, 2021

    1,547

    22,608 units

    2.8 billion yen

    12.8%

    As of June 30, 2024

    1,731

    17,727 units

    3.0 billion yen

    10.0%

    As of June 30, 2025

    3,306

    36,189 units

    10.7 billion yen

    20.6%

    As of August 25, 2025

    N/A

    N/A

    N/A

    26.0%

    Standard Market Criteria

    400

    2,000 units

    1.0 billion yen

    25.0%

    Compliance Status (as of August 25, 2025)

    Compliant

    Compliant

    Compliant

    Compliant

    Note 1: Compliance status is determined by the TSE based on the "Status of Distribution of Stock Certificates, etc." submitted by our company as of the relevant date. The tradable share market capitalization is calculated by multiplying the number of tradable shares by the average closing price for the three months prior to the fiscal year-end.

  2. Status and Evaluation of Initiatives to Achieve Compliance with Listing Maintenance Criteria

Based on the "Plan for Compliance with Listing Maintenance Criteria for the New Market Segment" submitted on December 23, 2021, we have undertaken various initiatives to comply with the Standard Market's listing maintenance criteria.

For the plan period ending with the fiscal year ending June 2025, we promoted management conscious of capital cost and share price, enhanced the trading environment of our shares, engaged in dialogue with corporate shareholders, and implemented off-auction share distributions to steadily improve our daily trading volume and tradable share ratio.

Finally, through the completion of two corporate actions-disclosed in the "Notice Regarding Completion of Off-Auction Distribution of Shares" dated August 19, 2025, and the "Notice Regarding Completion of Disposal of Treasury Stock through Third-Party Allotment" dated August 25, 2025-the tradable share ratio reached 25% or more, and we have come into compliance with the listing maintenance criteria for the Standard Market.

Going forward, we will continue our various initiatives to maintain compliance with the Standard Market's listing maintenance criteria, and strive for sustainable growth and enhancement of corporate value.