Joshin Denki : Notice concerning application for selection of the “Prime Market” new market segment
October 19, 2021 at 03:02 am EDT
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October 19, 2021
For immediate release
Company name: Joshin Denki Co., Ltd.
Representative: Ryuhei Kanatani, Representative Director, President and Executive Officer
(Securities code: 8173, 1st Section, TSE)
Contact: Suguru Oshiro, Director and Executive Officer in Charge of Financial Strategy and General Manager of Accounting Department
(Phone: +81-6-6631-1161)
Notice concerning application for selection of the "Prime Market" new market segment
Joshin Denki Co., Ltd. (hereinafter, the "Company") hereby announces that its Board of Directors resolved at a meeting held today to select transition to "Prime Market" under the new market segments of Tokyo Stock Exchange, Inc. (hereinafter, "TSE").
On July 9, 2021, the Company received the results of the initial assessment from TSE regarding compliance with the continued listing criteria for the new market segments and confirmed that the Company meets the continued listing criteria for Prime Market.
Going forward, the Company will proceed with the prescribed procedures in accordance with the application schedule set by TSE for transitioning to the new market in April 2022.
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Joshin Denki Co. Ltd. published this content on 19 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2021 07:01:03 UTC.
Joshin Denki Co.,Ltd. is a Japan-based company mainly engaged in the retail business of home electric appliances and related business. The Company mainly engaged in the sale of home appliances, information and communication equipment, entertainment products, housing equipment, and related products. The Company is also engaged in the provision of product delivery, installation and maintenance services, property and casualty insurance and life insurance agency services, music and video software rental services, buying and selling used books services, and the provision of management guidance and products to franchise contractors. The Companyâs shop brands include Joshin, J&P, DISC PIER, Joshin OUTLET, Mother Pier, Mega Watch, BOOK-OFF, and TSUTAYA.