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SAKURAI shares plunge on securities surveillance designation

Wed Apr 1, 2026 11:12 am JST Catalyst

SAKURAI LTD. <7255> shares fell sharply. The Tokyo Stock Exchange announced after trading on the 31st that the company's stock will be designated as a securities under supervision (confirmation) effective April 1st, weighing on investor sentiment. The company had entered an improvement period after failing to meet the "market capitalization of tradable shares" criteria for continued listing on the Standard Market, but was unable to confirm compliance with the criteria as of the end of the improvement period on the 31st.

The company also announced a share buyback program. The repurchase will be capped at 200,000 shares (6.02% of issued shares excluding treasury stock) or \100 million, with the acquisition period running from April 1st to September 30th. The stated purpose is to improve capital efficiency and execute flexible capital policy in response to changes in the business environment.

Source: MINKABU PRESS

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