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Tokyo Stock Exchange to reinstate delisting standards relaxed in 2009

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(Globalpost/GlobalPost)

The Tokyo Stock Exchange said Friday it will reinstate next April delisting standards relaxed in 2009 as a special measure in response to the plunge in stock prices amid the global financial crisis that began in late 2008.

From April, the threshold for delisting companies on both the First and Second sections will be raised to 1 billion yen in total share value from the current standard of 600 million yen.

The threshold will not be raised for companies affected by the devastating March 2011 earthquake and tsunami that hit eastern and northeastern Japan, the TSE said.

The bourse said it will also reinstate delisting standards for the Mothers and Jasdaq markets for emerging companies as well as requirements for TSE section transfers.

==Kyodo

http://www.globalpost.com/dispatch/news/kyodo-news-international/131129/tokyo-stock-exchange-reinstate-delisting-standards-rel