LIFULL (TYO:2120) said it has been confirmed by the Tokyo Stock Exchange that, as of Sept. 30, it meets all Prime Market listing maintenance rules, including the tradable-share market capitalization requirement it previously fell short of, according to a Thursday filing on the Tokyo Stock Exchange.
The company said the improvement was driven by several factors, including the restructuring of overseas operations, concentrating resources on core units and lifting its dividend payout ratio to 30%. It also cited stronger investor engagement that supported its share price.