The Tokyo Stock Exchange will continue to list shares of Kanebo, Ltd. This decision comes after the TSE’s month-long review of the market capitalization for the company.
The continuance was granted because the company’s stocks have satisfied the two requirements under the TSE rule. The first requirement was that the average of the market capitalization of the shares was to be JPY 1 billion of larger and the second was that the market capitalization of the stocks on September 24, 2004, was to be JPY 1 billion or larger.