GMO Internet to Raise Tradable Share Ratio After TSE Flags Non-Compliance

MT Newswires Live

Mar 09

GMO Internet (TYO:9449) said it will take steps to raise its tradable share ratio after the Tokyo Stock Exchange confirmed the company does not meet the Prime Market's listing maintenance standard for share distribution, according to a Monday filing on the local bourse.

The company said it had a tradable share ratio of 7.7% as of Dec. 31, 2025, below the exchange's 35% requirement, though it met other criteria such as the number of shareholders, tradable shares and market capitalization of tradable shares.

The exchange has placed the company in an improvement period until Dec. 31, 2026, to meet the requirement.

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