TSE News

Approval of Reconstruction Plan Pertaining to Debt Relief and Commencement of Market Capitalization Examination - NAKAYAMA STEEL WORKS,LTD. -

Update : Jun. 20, 2013

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[Tokyo Stock Exchange, Inc.]

TSE will examine market capitalization as follows.

1. Issue Name NAKAYAMA STEEL WORKS,LTD. stock
(Code: 5408, Market: 1st Section)
2. Examination Period From Jun. 21, 2013 (Fri.) to Jul. 20, 2013 (Sat.)
3. Reason Today, NAKAYAMA STEEL WORKS,LTD. (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 today as appropriate. (Rule 601, Paragraph 1, the second sentence of Item 7 of the Securities Listing Regulations and Rule 605, Paragraph 1 of the same regulations)
  • (*)The stock of the Company shall be delisted if either the average market capitalization for the period of one month from Jun. 21, 2013 to Jul. 20, 2013 or the market capitalization as of Jul. 20, 2013 (in effect, Jul. 19, 2013) is not at least JPY 1 billion. If both are at least JPY 1 billion, the stock of the Company will continue to be listed.

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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