Elan (TYO:6099) said it has met all continued listing criteria for the Tokyo Stock Exchange Prime Market as of Dec. 31, 2025, according to a Wednesday filing on the Tokyo Stock Exchange.
The company said its tradable share ratio rose to 37% from 33.6% a year earlier, clearing the 35% requirement, after former CEO Hideharu Sakurai stepped down as representative director and no longer holds an executive role, allowing shares held by him and his spouse to be treated as tradable.
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