Sep 02, 2022 TSE designation of securities under watch (confirmation): DAIOHS CORPORATION








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September 02, 2022 ISDesignation of securities under watch (confirmation): DAIOHS CORPORATION

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TSE has designated an issue as Watch (Confirmation) as follows.

1.Problem name

DAIOHS CORPORATION shares
(Code: 4653, market segment: main market)

2.Period of designation as watch stocks (confirmation)

From September 2, 2022 (Friday) to the day TSE determines whether the company has fallen under the criteria for delisting

Arrangement

Rules Implementing Securities Listing Regulations, Rule 604, Paragraph 1, Item (24)
(due to falling into a case where the board of directors has passed a resolution on a share consolidation with a split ratio at which the number of all shares held by shareholders other than a specified party will be less than one stock)

3.Reason

Yesterday, DAIOHS CORPORATION (hereafter “the Company”) indicated its approval of a tender offer to be made by Voyager Co.,Ltd. (unlisted) (hereinafter “the offeror”) for the shares of the Company, which is based on a subsequent delisting of the shares.
The Company has announced that the offeror plans to require the Company to propose, at a general meeting of shareholders after the completion of the tender offer, an item on the agenda relating to a reverse stock split. with a split ratio at which the number of shares held by the shareholders of the Company other than the offeror and two other shareholders will be less than one share.
If the item on the agenda is approved in a resolution of the general meeting of shareholders of the Company, the shares of the Company will be delisted. As such, based on this announcement, TSE considers the shares of the Company to be eligible for delisting and designates these shares as securities under watch (confirmation).

DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In case of discrepancies between the English version and the original Japanese version, the Japanese version shall prevail. This translation may be changed without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation individually or jointly disclaims any liability for damages or losses caused by any errors, inaccuracies, misunderstandings or changes in this translation.

Request

Tokyo Stock Exchange, Inc. Listing Department, Corporate Disclosure Office, Planning & Coordination, Listed Company Services
TEL: +81-3-3666-0141 (switchboard)

Disclaimer

Japan Exchange Group Inc. published this content on September 02, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on September 02, 2022 04:34:03 UTC.

Public now 2022

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Sales 2023 137B
980 million
980 million
2023 net income 48,077M
344M
344M
Net cash 2023 131B
937M
937M
PER 2023 ratio 22.6x
2023 return 2.86%
Capitalization 1,084B
7,749 million
7,749 million
EV / Sales 2023 6.95x
EV / Sales 2024 6.72x
# of employees 1,193
Floating 98.1%

Chart JAPAN EXCHANGE GROUP, INC.


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Japan Exchange Group, Inc. Technical Analysis Chart |  MarketScreener

Trends in Technical Analysis JAPAN EXCHANGE GROUP, INC.

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Tendencies Bearish Neutral Bearish




Evolution of the income statement

Sale

To buy

Medium consensus SURPASS
Number of analysts 4
Last closing price ¥2,059.00
Average target price ¥2,380.00
Average Spread / Target 15.6%


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