Torex Semiconductor (TYO:6616) said it has entered the Tokyo Stock Exchange's improvement period after falling short of the Prime Market's tradable share market capitalization requirement as of March 31, according to a Friday filing on the Tokyo Stock Exchange.
While the company met criteria for shareholder count, trading volume, and tradable share ratio, it reported tradable market capitalization of 8.12 billion yen, below the 10 billion yen threshold. Torex has until March 2026 to regain compliance or risk delisting by October 2026.
The company said it will pursue profitability-focused initiatives, including expanding core product sales, cost controls, and enhanced investor outreach. It also plans to unveil a new medium-term management plan in November.