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| Criteria for Delisting (NEO) |
| 01/04/2010 |
| Item |
Criteria for Delisting |
| Number of shareholders |
Less than 150 shareholders (grace period: one year) |
| Total market value |
Less than ¥500 million (grace period: nine months, or three months when prescribed documents are not submitted within three months) or less than double the number of the listed stocks |
| Deficiency in assets |
When deficiency in assets cannot be cleared within one year after the deficiency taking place |
| Closing down of basic business |
In case that closing down of basic business of the listed company causes their corporate activities to stop and the company doesn't re-start the corporate activities within three years |
| Issues traded |
When the rate of days the stock is traded to the total trade days of OSE has fallen below 20% and the rate cannot reach or surpass the percentage within six months. |
| Others |
Suspension of bank transactions, rehabilitation or liquidation procedures for bankruptcy or company reconstruction, suspension of business activities, inappropriate mergers and acquisitions,Lack of sound transactions with controlling shareholder, delayed submission of securities report or quarterly report, misstatement or adverse opinions, violation of listing agreement, commission to securities transfer agent, limitation of transfer of stocks, becoming a wholly-owned subsidiary, retraction of agreement on procedures by designated storage transfer organizations, unreasonable restrictions of shareholders' right, acquisition in full, association with antisocial forces and others |
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