Update : Jan. 04, 2013
[Tokyo Stock Exchange, Inc.]
The following issue has entered a grace period pertaining to reassignment to the 2nd Section from the 1st Section.
|1. Issue Name||
LAND Co.,Ltd. stock
(Code: 8918, Market: 1st Section)
|2. Grace Period||
From Jan. 01, 2013 (Tue.) to Sep. 30, 2013 (Mon.) (9 months)
However, in the case where the business improvement report is not submitted by Mar. 31, 2013 (Sun.), a period from Jan. 01, 2013 (Tue.) to Mar. 31, 2013 (Sun.) (3 months).
|3. Reason||Due to the market capitalization in Dec. 2012 being less than the required amount (JPY 1.2 billion) prescribed in the criteria for reassignment to the 2nd Section from the 1st Section. (Securities Listing Regulations Rule 311, Paragraph 1, Item 4)|
1. Of the criteria for reassignment to the 2nd Section from the 1st Section and the delisting criteria, the handling of the criteria pertaining to the required value of market capitalization shall be revised between Jan. 2009 and Dec. 2013, and such value shall be applied.
2. Both market capitalization at the end of the month and monthly average market capitalization must meet
the required value.
DISCLAIMER: This translation may be used only for reference purposes. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. Tokyo Stock Exchange, Inc. and/or Tokyo Stock Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, or misunderstanding with regard to this translation.
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