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Shimizu Bank, Ltd. ( (JP:8364) ) has provided an announcement.
Shimizu Bank, Ltd. announced that it is currently not in compliance with the Tokyo Stock Exchange’s Continued Listing Criteria for the Prime Market due to its tradable share market capitalization falling below the required threshold. The bank has entered an Improvement Period, during which it plans to enhance its corporate value and increase the number of tradable shares to meet the criteria by March 31, 2026. Failure to comply could result in the bank’s securities being delisted or reclassified to the Standard Market. The bank’s initiatives include increasing profitability and achieving a target profit of 2.5 billion yen by the fiscal year ending March 31, 2026, as part of its medium-term management plan.
More about Shimizu Bank, Ltd.
Shimizu Bank, Ltd. operates in the financial services industry, focusing on banking services. It is listed on the Tokyo Stock Exchange under the securities code 8364.
Average Trading Volume: 43,963
Technical Sentiment Signal: Sell
Current Market Cap: Yen15.65B
For detailed information about 8364 stock, go to TipRanks’ Stock Analysis page.