{"id":112943,"date":"2026-09-11T16:22:23","date_gmt":"2026-09-11T07:22:23","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7878-20260911-03_wp_corporate_restructuring\/"},"modified":"2026-09-11T16:22:23","modified_gmt":"2026-09-11T07:22:23","slug":"7878-20260911-03_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7878\/ir\/7878-20260911-03_wp_corporate_restructuring\/","title":{"rendered":"Notice regarding the delisting of our shares on the Tokyo Stock Exchange and the planned transition to a standalone listing on the Nagoya Stock Exchange"},"content":{"rendered":"<p>Delisting application to the Tokyo Stock Exchange&#8217;s Standard Market and aim for a standalone listing on the Nagoya Stock Exchange. If the delisting application is accepted by October 30, the plan will be withdrawn. A special dividend is planned.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7878","jir_company_name":"Kou\u30fbSai","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/7878-20260911-03.pdf","jir_short_summary":"Delisting application to the Tokyo Stock Exchange's Standard Market and aim for a standalone listing on the Nagoya Stock Exchange. If the delisting application is accepted by October 30, the plan will be withdrawn. A special dividend is planned.","jir_summary":"### Background and Decision\nAt an extraordinary board meeting, the company resolved to file for delisting from the Tokyo Stock Exchange Standard Market and adopt a policy to transition to a standalone listing on the Nagoya Stock Exchange. While updates to the plan have been disclosed to date, the conclusion was to optimize capital policy and ongoing listing costs to enhance corporate value. The delisting application is scheduled for October 30, 2026; once accepted, the designation of a market index and delisting date will be determined. Trading on the Nagoya Stock Exchange will continue to be possible.\n\n### Outlook and Impact\nEven after delisting, trading on the Nagoya Stock Exchange is expected to proceed as normal, and the securities code will not change. A special dividend is intended to mitigate impact on shareholders. Procedures related to future capital policy progress and market segment changes will require following each securities firm's guidance.","jir_financial_highlights":"Special Dividend: Unknown (Unknown)","jir_category":"","jir_hashtags":"#Kou\u30fbSai, #Delisting, #NagoyaStockExchangeTransition","jir_key_figures":"Delisting scheduled date: 2026-10-30\nDelisting application acceptance condition: accepted on the same day\nTrading venue after delisting: Nagoya Stock Exchange - Main Market","jir_meta_title":"\u3010Kou\u30fbSai\u3011Delisting Application and Nagoya Transition Outlook | October 2026","jir_meta_description":"Kou\u30fbSai resolves to delist from the Tokyo Stock Exchange and aims for a standalone listing transfer to the Nagoya Stock Exchange. Summary of plan withdrawal and planned special dividend.","jir_og_title":"Kou\u30fbSai | Delisting Application and Nagoya Transition Outlook","jir_og_description":"Kou\u30fbSai has resolved to delist and transition to a standalone listing on the Nagoya Stock Exchange. Overview of the planned special dividend and upcoming procedures.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":61311,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-112943","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice regarding the delisting of our shares on the Tokyo Stock Exchange and the planned transition to a standalone listing on the Nagoya Stock Exchange - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7878\/ir\/7878-20260911-03_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7878\/ir\/7878-20260911-03_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7878\/ir\/7878-20260911-03_wp_corporate_restructuring\/\",\"name\":\"Notice regarding the delisting of our shares on the Tokyo Stock Exchange and the planned transition to a standalone listing on the Nagoya Stock Exchange - 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