Notice Concerning Resolution by the Board of Directors for the Selection of “Prime Market” Listing under New Market Segments
November 12, 2021 at 01:07 am EST
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November 12, 2021
Dear All,
Notice Concerning Resolution by the Board of Directors
for the Selection of "Prime Market" Listing under New Market Segments
ZOZO, Inc. (hereinafter, referred to as the "Company") made a resolution at the Board of Directors held today, to select the "Prime Market" under the new market segments to be introduced on April 4, 2022 from the Tokyo Stock Exchange (hereinafter, referred to as the "TSE").
1. The results of the initial assessment of compliance with the continued listing criteria for new market segments
On July 9, 2021, the Company received the notification from the TSE concerning the results of the initial assessment of compliance with the continued listing criteria for new market segments. With regard to the "Trading Share Ratio", the Company was notified that the continued listing criteria for the Prime Market was not met.
・Number of Tradable Shares
Comply
・Trading Share Market Capital
Comply
・Trading Share Ratio
Non- Comply
・Trading value
Comply
2. The results of the secondary assessment of compliance with the continued listing criteria for new market segments
In response to the above results, the Company submitted the prescribed documents stipulated by the TSE and received the results of the secondary assessment of compliance with the continued listing criteria for new market segments from the TSE on October 1, 2021, and the Company confirmed compliance with the continued listing criteria for the "Prime Market" under the new market segments.
Based on these results, at the Board of Directors held today, the Company resolved to apply to the TSE for the selection of the new market segment "Prime Market".
Going forward, the Company will proceed with the application procedures in accordance with the schedule set by the TSE.
DISCLAIMER: This document is summary translation of Japanese version. All readers are recommended to refer the original Japanese version for complete information. In the event of any discrepancy, errors and/or omissions, the Japanese version shall prevail.
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Start Today Co. Ltd. published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 06:06:28 UTC.
ZOZO, Inc., formerly START TODAY CO., LTD. is a Japan-based company engaged in the E-commerce (EC) business which operates Internet shopping Websites. The Companyâs business includes ZOZOTOWN business, PB business, BtoB business, advertising business and other business. The ZOZOTOWN business consists of the purchasing shop, contracted shop and ZOZOUSED business. PB business sells the Company-designed apparel products tailored to the individual shape of the users. The B to B business supports various fulfillment related businesses, such as system development, design production, logistics contracting, marketing support of EC sites operated independently by apparel makers. The advertising business uses ZOZOTOWN and WAR's user reach base to provide advertising space to client brands and advertising agencies and earns advertising revenue. The others business includes business associated with ZOZOTOWN, such as paid member revenue, shipping income and settlement fee income.
ZOZO, INC. 
