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Wel-Dish shares hit daily limit low on surveillance designation after late filing
Wel-Dish Co., Ltd. <2901> remained locked at its daily limit low with a glut of sell orders. After the market close on April 14, the company announced it would miss the filing deadline for its half-year securities report for the fiscal period ending August 2026. This follows auditor concerns regarding approval processes for stock option exercise price revisions. Consequently, the Tokyo Stock Exchange designated the stock as being under supervision (confirmation status) effective the same day. Wel-Dish faces delisting if the report is not submitted by May 14. Selling pressure is mounting amid heightened uncertainty over the company's prospects.
Separately, the company reported first-half consolidated results (September 2025 to February 2026) after the close on the same day, with sales of 1.64 billion yen and operating profit of 4 million yen. Year-on-year comparisons were unavailable due to a change in the fiscal year-end.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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