| Item |
Criterion for Listing |
| Number of Shareholders |
300 or more |
| Total Market Value |
Total market value (market capitalization) shall be (expected to be)
¥1 billion or more on the day of listing
|
| Net Asset |
0 or more on the last day of the business year immediately before the application |
| Elapsed Years of Business |
Less than 10 years since the company booked the sales based on a new technology or business model with growth potential |
| Audit Opinion, etc |
On the audit report attached to the financial statements of the term immediately before the application, "an unqualified opinion" shall be expressed.
On the interim audit report attached to the interim financial statement of the term of the application, "an opinion that useful information is expressed" shall be expressed.
On the quarterly review report attached to the quarterly financial statement of the term of the application, "an unqualified decision" shall be expressed.
|
| The securities reports and other documents produced for the latest two business years shall be free of any "misstatement".
|
| Establishment of Board of Directors |
Board of Directors to be established at least 1 year prior to the listing application date |
| Others |
Establishment of securities transfer agent, limitation of transfer of stocks, agreement on procedures by designated storage transfer organizations |
