KATITAS : Notice Regarding Application for Selection of Prime Market in TSE New Market Segments
August 27, 2021 at 03:42 am EDT
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August 26, 2021
Company:
Katitas Co., Ltd.
Representative:
Katsutoshi Arai, President and CEO
Ticker:
8919 (Tokyo Stock Exchange)
Inquiries:
Kazuhito Yokota, Director and General
Manager of Administration Headquarters
Tel: +81-3-5542-3882
Notice Regarding Application for Selection of Prime Market
in TSE New Market Segments
Katitas Co., Ltd. (the "Company") hereby announces that, at the Board of Directors' meeting held today, it has resolved to select the "Prime Market" as the new market segment to which the Company will belong on the date of transition to the new market segment scheduled on April 4, 2022 and to file an application for this selection with the Tokyo Stock Exchange ("TSE").
The Company received the Results of the Initial Assessment of Compliance with the Listing Maintenance Criteria for the New Market Segment from TSE on July 9, 2021 and has confirmed that the Company is in compliance with the listing maintenance criteria for the Prime Market. The Company will proceed with the prescribed procedure for applying for selection of the new market segment in accordance with the schedule set by TSE.
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Katitas Co. Ltd. published this content on 26 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 August 2021 07:41:06 UTC.
KATITAS CO., LTD is a Japan-based company mainly engaged in the remodel of used homes. The Used Home Remodel segment is engaged in the purchase, renovating and distribution of used homes. The segment consists of purchase business, commercialization business and distribution business. The purchase methods of properties consist of purchase and auction. The commercialization business consists of the planning and construction of outside works, such as parking lots expansion and others. The distribution business conducts the distribution of used homes through in-house and intermediary sales.