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MarketEnterprise to Shift TSE Listing from Prime to Standard as It Focuses on Second-Hand Market Growth

Story Highlights
  • MarketEnterprise, a second-hand online focused trading company, targets growth in Japan’s expanding reuse market.
  • The company will shift its TSE listing from Prime to Standard after failing to meet tradable share market cap criteria, while maintaining its capital-conscious management and growth strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MarketEnterprise to Shift TSE Listing from Prime to Standard as It Focuses on Second-Hand Market Growth

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The latest update is out from MarketEnterprise Co.Ltd ( (JP:3135) ).

MarketEnterprise Co., Ltd. has applied to transfer its stock listing from the Tokyo Stock Exchange Prime Market to the Standard Market after concluding it could not meet, and was unlikely to meet by June 2026, the Prime Market’s tradable share market capitalization requirement despite previously announced remedial measures. The company emphasized that the market change will not alter its management approach focused on cost of capital, stock price, and robust disclosure and investor relations, and it plans to continue pursuing steady business growth and medium- to long-term enhancement of corporate value within Japan’s structurally growing second-hand goods market.

The most recent analyst rating on (JP:3135) stock is a Hold with a Yen1741.00 price target. To see the full list of analyst forecasts on MarketEnterprise Co.Ltd stock, see the JP:3135 Stock Forecast page.

More about MarketEnterprise Co.Ltd

MarketEnterprise Co., Ltd. operates as an “optimized trading company for the creation of a sustainable society,” centered on its Second-hand Online Business. The group leverages the internet to provide optimal consumption options for consumers and businesses across a wide range of products and services, targeting Japan’s expanding second-hand goods market, which exceeded ¥3 trillion in 2023 and is projected to reach ¥4 trillion by 2030 amid large, latent household assets and demographic shifts.

Average Trading Volume: 24,165

Technical Sentiment Signal: Buy

Current Market Cap: Yen8.92B

For an in-depth examination of 3135 stock, go to TipRanks’ Overview page.

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