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Status of issues which have entered a grace period, etc.

List of Issues in a Grace Period, etc.

Update : May 10, 2013

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List of Issues in a Grace Period, etc.

Issues which are likely to enter a grace period due to ceasing to be a substantial surviving company due to a merger, etc.

Issues in a grace period due to ceasing to be a substantial surviving company due to a merger, etc.

Issues in a grace period pertaining to the criteria for the number of shareholders

1st Section: Reassignment to the 2nd Section (pertaining to Rule 311, Paragraph 1, Item 1 of the Securities Listing Regulations)

Not applicable.

1st / 2nd Section: Delisting (pertaining to Rule 601, Paragraph 1, Item 1 of the Securities Listing Regulations)

Not applicable.

Mothers: Delisting (pertaining to Rule 603, Paragraph 1, Item 1 of the Securities Listing Regulations)

Not applicable.

Issues in a grace period pertaining to the criteria for the number of tradable shares, etc.

Notice

Extension of implementation period for measures to partially revise the criteria for market capitalization pertaining to listed shares

Of the reassignment criteria to the 2nd Section from the 1st Section and the delisting criteria, TSE partially revised the handling of the criteria pertaining to market capitalization and market capitalization of tradable shares as well as applied such criteria from the end of Jan. 2009 to the end of Dec. 2012. However, in light of current market conditions, TSE shall extend the implementation period of such measures until the end of Dec. 2013.

1st Section: Reassignment to the 2nd Section (pertaining to Rule 311, Paragraph 1, Item 2 of the Securities Listing Regulations)

Not applicable.

1st / 2nd Section: Delisting (pertaining to Rule 601, Paragraph 1, Item 2 of the Securities Listing Regulations)

Not applicable.

Mothers: Delisting (pertaining to Rule 603, Paragraph 1, Item 2 of the Securities Listing Regulations)

Not applicable.

Mothers (Foreign Stocks): Delisting (pertaining to Rule 604, Paragraph 1, Item 1 of the Securities Listing Regulations (relevant to Rule 603, Paragraph 1, Item 2, Sub-item b of the same regulations))

Japaninvest Group plc

Code 3827
Grace Period From Jan. 01, 2013 (Tue.) to Dec. 31, 2013 (Tue.)
Reason Due to the market capitalization of tradable shares on Dec. 31, 2012 being less than JPY 150 million

Issues in a grace period pertaining to the criteria for market capitalization

Notice

Extension of implementation period for measures to partially revise the criteria for market capitalization pertaining to listed shares

Of the reassignment criteria to the 2nd Section from the 1st Section and the delisting criteria, TSE partially revised the handling of the criteria pertaining to market capitalization and market capitalization of tradable shares as well as applied such criteria from the end of Jan. 2009 to the end of Dec. 2012. However, in light of current market conditions, TSE shall extend the implementation period of such measures until the end of Dec. 2013.

Reassignment Criteria from the 1st Section to the 2nd Section Criteria before revision Criteria after revision (by the end of Dec. 2013)
Criteria for Market Capitalization Less than JPY 2 billion Less than JPY 1.2 billion
Criteria for Market Capitalization of Tradable Shares Less than JPY 1 billion Less than JPY 600 million
Delisting Criteria for Main Market (1st / 2nd Section) Criteria before revision Criteria after revision (by the end of Dec. 2013)
Criteria for Market Capitalization Less than JPY 1 billion Less than JPY 600 million
Criteria for Market Capitalization of Tradable Shares Less than JPY 500 million Less than JPY 300 million
Delisting Criteria for Mothers Criteria before revision Criteria after revision (by the end of Dec. 2013)
Criteria for Market Capitalization Less than JPY 500 million Less than JPY 300 million
Criteria for Market Capitalization of Tradable Shares Less than JPY 250 million Less than JPY 150 million
(Note)

In cases where an event that TSE deems inappropriate to continue the application of the "Criteria after revision" occurs, TSE may stop applying such criteria before the end of Dec. 2013 or revise the contents.

1st Section: Reassignment to the 2nd Section (pertaining to Rule 311, Paragraph 1, Item 4 of the Securities Listing Regulations)

Not applicable.

1st / 2nd Section: Delisting (pertaining to Rule 601, Paragraph 1, Item 4 of the Securities Listing Regulations)

Not applicable.

Mothers: Delisting (pertaining to Rule 603, Paragraph 1, Item 5 of the Securities Listing Regulations)

Not applicable.

Mothers (Foreign Stocks): Delisting (pertaining to Rule 604, Paragraph 1, Item 1of the Securities Listing Regulations (relevant to Rule 603, Paragraph 1, Item 5, Sub-item a))

Not applicable.

Two-yen criterion: Delisting (pertaining to Rule 601, Paragraph 1, Item 4, Sub-item b / Rule 603, Paragraph 1, Item 5, Sub-item b of the Securities Listing Regulations)

Not applicable.

Issues in a grace period pertaining to the criteria for stock price on Mothers

Mothers: Delisting (pertaining to Rule 603, Paragraph 1, Item 5-2 of the Securities Listing Regulations)

Not applicable.

(Note 1) The examination applies to companies listed on Mothers on or after Nov. 09, 2009.

(Note 2) "Public offering price at new listing" is modified based on the effects of stock splits, gratis allotment of shares, reverse stock splits and other acts.

Issues in a grace period pertaining to the criteria for liabilities in excess of assets

1st Section: Reassignment to the 2nd Section (pertaining to Rule 707, Paragraph 3 of the Securities Listing Regulations)

Not applicable.

1st/2nd Section: Delisting (pertaining to Rule 601, Paragraph 1, Item 5 of the Securities Listing Regulations)

Not applicable.

Mothers: Delisting (pertaining to Rule 603, Paragraph 1, Item 3 of the Securities Listing Regulations)

ARDEPRO Co.,Ltd.

Code 8925
Grace Period From Aug. 01, 2012 (Wed.) to Jul. 31, 2013 (Wed.)
Reason Due to confirmation of liabilities in excess of assets as of the end of the business year

FLIGHT SYSTEM CONSULTING Inc.

Code 3753
Grace Period From Apr. 01, 2012 (Sun.) to Mar. 31, 2013 (Sun.)
Reason Due to confirmation of liabilities in excess of assets as of the end of the business year

The Earth CO.

Code 8922
Grace Period From Apr. 01, 2012 (Sun.) to Mar. 31, 2013 (Sun.)
Reason Due to confirmation of liabilities in excess of assets as of the end of the business year

KANMONKAI Co.,Ltd.

Code 3372
Grace Period From Dec. 01, 2011 (Thu.) to Mar. 31, 2013 (Sun.)
(Note) In a general shareholders meeting held on Feb. 24, 2012, the company reached a resolution to change the end of the account settlement period from Nov. 30 to Mar. 31.
Reason Due to confirmation of liabilities in excess of assets as of the end of the business year

Mothers (Foreign Stocks): Delisting (pertaining to Rule 604, Paragraph 1, Item 1 of the Securities Listing Regulations (relevant to Rule 603, Paragraph 1, Item 3 of the same regulations))

Not applicable.

(Note) TSE publicizes whether the state of liabilities in excess of assets is resolved based on the descriptions in a securities report to be submitted after the expiration of the grace period.

Issues under market capitalization examination prescribed in the last sentence of Rule 601, Paragraph 1, Item 7 of the Securities Listing Regulations

Mothers

ARDEPRO Co.,Ltd.

Code 8925
Examination Period From May 01, 2013 (Wed.) to May 31, 2013 (Fri.)
Reason On Apr. 30, 2013, the company submitted a report on debt relief equivalent to 10/100 or more of the amount of its total debt and applied for an examination of a reconstruction plan, etc. pertaining to such relief, and TSE deemed such plan disclosed by the company on the same day as appropriate.

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