Changeflow GovPing Securities & Markets TSE Delists Yamadai and KUBOTEK from Standard M...
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TSE Delists Yamadai and KUBOTEK from Standard Market

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Summary

TSE has decided to delist Yamadai Corporation (7426) and KUBOTEK CORPORATION (7709) from the Standard Market effective October 1, 2026. The delisting designation period runs from April 22, 2026 through September 30, 2026. Both companies failed to meet continued listing criteria under Securities Listing Regulations, Rule 601, Paragraph 1, Item (1), as confirmed by TSE's examination of the Table of Distribution of Stocks. The affected securities will be excluded from use as securities in lieu of money for margin transactions, when-issued transactions, trading participant security money, and participant bonds starting April 23, 2026.

“Because the stocks on the list do not meet the continued listing criteria (Securities Listing Regulations, Rule 601, Paragraph 1, Item (1))”

TSE , verbatim from source
Published by TSE on jpx.co.jp . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

About this source

GovPing monitors Tokyo Stock Exchange for new securities & markets regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 4 changes logged to date.

What changed

TSE has confirmed that Yamadai Corporation and KUBOTEK CORPORATION do not comply with the continued listing criteria under Securities Listing Regulations, Rule 601, Paragraph 1, Item (1), based on examination of the Table of Distribution of Stocks. Both companies are designated as Securities to Be Delisted from April 22, 2026 through September 30, 2026, with final delisting on October 1, 2026. Investors and market participants holding these securities should note that the stocks will be excluded from securities in lieu of money for margin transactions and other trading purposes starting April 23, 2026, limiting their use as collateral or trading instruments.

Archived snapshot

Apr 22, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

Apr. 22, 2026 TSE Decision on Delisting, etc.: Yamadai Corporation and 1 Other Issue(s)

Post TSE has decided on delisting and designation as Securities to Be Delisted as follows.

-

-

1. Issue Name

Issue Name (Stock) code Market Segment Securities in Lieu of Money
Yamadai Corporation 7426 Standard Market Excluded
KUBOTEK CORPORATION 7709 Standard Market Excluded

2. Period of Designation as Securities to Be Delisted

From Apr. 22, 2026 (Wed.) to Sep. 30, 2026 (Wed.)

3. Delisting Date

Oct. 1, 2026 (Thu.)

(Note)
- ・In cases where circumstances in which the issues should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date.

4. Reason

Because the stocks on the list do not meet the continued listing criteria
(Securities Listing Regulations, Rule 601, Paragraph 1, Item (1))

Details of Reason

As a result of its examination of the “Table of Distribution of Stocks, etc.” submitted by each listed company, TSE has confirmed that the stocks on the list do not comply with the continued listing criteria.

5. Exclusion from Securities in Lieu of Money

Stocks indicated as "Excluded" under "Securities in Lieu of Money" in "(1) Issue Name" above will be excluded from securities in lieu of money for the following items from Apr. 23, 2026 (Thu.) inclusive.

  • Customer margin for margin transactions and when-issued transactions
  • Trading margin for when-issued transactions
  • Trading participant security money
  • Participant bonds Current Designations of Securities Under Supervision & Securities to Be Delisted Designation History of Securities Under Supervision & Securities to Be Delisted DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.

Enquiry

Tokyo Stock Exchange, Inc. Listing Department, Administration, Listed Compnay Services
TEL:+81-3-3666-0141(Switchboard)

Back to list

Named provisions

Rule 601, Paragraph 1, Item (1)

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Last updated

Classification

Agency
TSE
Published
April 22nd, 2026
Compliance deadline
October 1st, 2026 (162 days)
Instrument
Rule
Branch
Executive
Legal weight
Binding
Stage
Final
Change scope
Substantive

Who this affects

Applies to
Public companies Investors Broker-dealers
Industry sector
5231 Securities & Investments
Activity scope
Stock delisting Market supervision Listing compliance
Threshold
Continued listing criteria
Geographic scope
Japan JP

Taxonomy

Primary area
Securities
Operational domain
Legal
Topics
Capital Markets Corporate Governance

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