Net One : Notice regarding selection results for new market segments
January 14, 2022 at 02:22 am EST
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January 11, 2022
To whom it may concern:
Net One Systems Co., Ltd.
(Stock Code: 7518, TSE1)
Notice regarding selection results for new market segments
Net One Systems Co., Ltd. ("Net One Systems") hereby announces that Tokyo Stock Exchange, Inc. (the "TSE") has released results regarding the former's selection for the latter's Prime Market segment on January 11, 2022. Previously, on July 9, 2021, the TSE notified Net One Systems of preliminary judgments regarding its compliance with listing requirements for the TSE's new market segments. Based on this notification, Net One Systems confirmed that it satisfies listing requirements for the TSE's Prime Market segment. Accordingly, at a meeting held on November 26, 2021, Net One Systems' Board of Directors passed a resolution electing to list on the TSE's Prime Market as the TSE introduces its new market segments. As of December 24, 2021, Net One Systems was in the process of submitting to the TSE a corporate governance report that incorporated revisions to the Corporate Governance Code.
Moving forward, Net One Systems will continue its efforts aimed at achieving ongoing growth and further enhancing its corporate value over the medium to long term.
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Net One Systems Co. Ltd. published this content on 14 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2022 07:21:09 UTC.
Net One Systems Co.,Ltd. is a Japan-based company engaged in the system construction of information and communications technology (ICT) and related services. The Company operates in four segments. The ENT segment offers products and services to general private companies. The SP segment offers products and services to telecommunication companies. The PUB segment offers products and services to central ministries, municipalities and companies providing social infrastructure. The Partner segment offers specialized products and services in collaboration with partner companies. Other businesses include server services and others. The Company has two product groups, the equipment product group which is engaged in purchasing and sales of networks and platforms for ICT systems as well as service product group which provides support and services on equipment and systems.