Business
ZERO : Notice Regarding Compliance with Listing Maintenance Criteria
ZERO : Notice Regarding Compliance with Listing Maintenance
About this update from Zero Co., Ltd.
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. 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. 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 Sta...