Business & Investment

Designation (confirmation) of supervisory securities: Japan System Co., Ltd.

December 24, 2020 TSE
Designation (confirmation) of supervisory securities: Japan System Co., Ltd.

TSE has designated the issuance as a supervisory security (confirmation) as follows.

No. 1 name Japan System Co., Ltd.
(Code: 9758, Market Division: JASDAQ Standard)
Designated period as securities under supervision (confirmation) From December 24, 2020 (Thursday) to the date when TSE determines whether it meets the delisting criteria
Provisioning Enforcement Regulations of Securities Listing Regulations, Rule 605, Paragraph 1, Item (21) -3
(Because this applies when the Board of Directors resolves a reverse stock split with a split ratio in which the number of all shares owned by shareholders other than a specific party is less than one share)
Reason reason Today, Japan System Co., Ltd. (hereinafter referred to as the “Company”) has indicated that JSL Holdings LLC (unlisted) (hereinafter referred to as the “bidder”) has approved a bid to acquire the Company’s shares, and is premised on the subsequent delisting. ..
At the general meeting of shareholders after the end of the takeover bid, the Company announced that it would require bidders to submit the agenda for the stock split based on the number of shares split. The number of shareholders of the Company other than bidders and other shareholders is less than one.
If the agenda is approved by a resolution of the general meeting of the Company, the shares of the Company will be delisted. Therefore, based on this announcement, TSE has determined that the shares of the Company may be delisted and has designated the shares as supervisory securities (confirmation).

Disclaimer: This translation is for reference purposes only. This English version is not an official translation of the original Japanese document. If there is a difference between the English version and the original Japanese version, the Japanese version will take precedence. This translation is subject to change without notice. The Tokyo Stock Exchange and / or the Japan Exchange Regulation shall not be liable individually or jointly for any damage or loss resulting from any errors, inaccuracies, misunderstandings, or changes relating to this translation.


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Designation (confirmation) of supervisory securities: Japan System Co., Ltd. Designation (confirmation) of supervisory securities: Japan System Co., Ltd.

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