Resolution to withdraw the listing application. The company will continue to pursue reapplication for the TSE Standard market while prioritizing a market change to the Fukuoka Stock Exchange Main Market. 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The company will continue to pursue reapplication for the TSE Standard market while prioritizing a market change to the Fukuoka Stock Exchange Main Market. No revisions to earnings forecasts.","jir_summary":"### Withdrawal of Listing Application and Policy\nThe board resolved to temporarily withdraw the listing application that had been scheduled to be announced on July 15, 2026. The reason is that certain matters requiring confirmation have arisen and will take time to verify. The company will maintain its policy to list on the Tokyo Stock Exchange Standard market and intends to reapply at a later date, with timing undecided. Meanwhile, the company will prioritize proceeding with a market change to the Fukuoka Stock Exchange Main Market. There is no impact on performance nor any revision to forecasts.\n\n### Outlook and Impact on Shareholders\nThe company expects the withdrawal of the listing application to have minimal impact on business operations and anticipates no effect on results or earnings forecasts. The timing for reapplication to the Standard market is undecided, and the company will continue to prioritize the market change to the Fukuoka Stock Exchange.","jir_financial_highlights":"Unknown: Unknown (Unknown)","jir_category":"","jir_hashtags":"#NotConsideringShareBuyback, #MarketChange, #ListingApplication","jir_key_figures":"Withdrawal of listing application: Date of resolution Unknown\nReapplication timing: TBD\nMarket change policy: Prioritize Fukuoka Stock Exchange Main Market","jir_meta_title":"PAPANETS Co.,Ltd. \u2014 Withdrawal of Listing Application and Future Policy | October 2026","jir_meta_description":"PAPANETS Co.,Ltd. has withdrawn its listing application to the Tokyo Stock Exchange. The company aims to reapply for the Standard market and will prioritize a market change to the Fukuoka Stock Exchange Main Market. No impact on financial results.","jir_og_title":"PAPANETS Co.,Ltd. \u2014 Withdrawal of Listing Application and Future Policy","jir_og_description":"The company announced the withdrawal of its listing application. The timing of reapplication and market change policy are undecided. No impact on earnings forecasts.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60441,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-133208","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n