IMAGICA : Application for Selection of the Prime Market as the New Market Segment and Plan to meet the Continued Listing Criteria

	November 30, 2021
NEWS RELEASE
Company name	IMAGICA GROUP Inc.
Title and name of	Nobuo Fuse
Representative	Representative Director, President
	(Securities code: 6879, TSE 1st Section)
Inquiries	Masakazu Morita
Director, Managing Executive Officer
TEL	[phone]

[Delayed]Application for Selection of the Prime Market as the New Market Segment

and Plan to meet the Continued Listing Criteria

At a Board of Directors meeting held today, the IMAGICA GROUP Inc. (the "Group") decided to select the Prime Market in response to the restructuring of Tokyo Stock Exchange market segmentation scheduled in April 2022, and submitted the application. We have formulated and are disclosing the following plan to meet the continued listing criteria for the new market segment because the Company did not meet the market requirements for continued listing at as of the transition base date (June 30, 2021).

1. Status of Group Satisfaction of Continued Listing Criteria and Plan Timeframe

The Group's satisfaction of Prime Market continued listing criteria as of the transition base date is as follows. The Group has a tradeable share market cap of 6.12 billion yen and a tradeable share ratio of 27.2%. These do not meet the respective criteria. We are pursuing various initiatives aimed at meeting the continued listing criteria for tradeable share market cap and tradeable share ratio by fiscal year ending March 31, 2026.

	No. of Tradeable	Tradeable Share	Tradeable Share	Average Daily
	Shares	Market Cap	Ratio	Trading Value
	(Units)	(Billion yen)	(%)	(Million yen)
Group status	122,002	6.12	27.2%	40
(as of the transition base date)
Continued listing criteria	20,000	10	35.0%	20
Item noted in plan		〇	〇

• The Group's criteria satisfaction status was calculated based on the distribution of Group shares, etc. as determined by the Tokyo Stock Exchange on the base date.

2. Basic Policy on Initiatives Aimed at Satisfaction of Continued Listing Criteria, Issues, and Initiative Details

The basic policy, issues, and details of initiatives pertaining to improvement in the tradeable share market cap and tradeable share ratio to meet the Prime Market continued listing criteria are described in the attached Plan to Meet the Continued Listing Criteria.

Note: The forward-looking statements disclosed in this news release were formulated based on currently available information on the date this news release was published. Actual results may differ due to various future factors.

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Plan to Meet the Continued Listing Criteria for

the New Market Segment

IMAGICA GROUP Inc.

Securities code: 6879

November, 30, 2021

Agenda

1. Status of Group Satisfaction of Continued Listing Criteria and Plan Timeframe
2. Basic Policy to Meet the Continued Listing Criteria
3. Current Issues and Initiative Details

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Status of Group Satisfaction of Continued Listing Criteria and Plan Timeframe

Status of Criteria Satisfaction

IMAGICA GROUP Inc. (the "Group") has not met the Prime Market continued listing criteria for tradeable share market cap and tradeable share ratio as of the transition base date (June 30, 2021).

	Prime Market	Group Figures*
	Continued Listing Criteria
Tradeable share market cap	¥10 billion	¥6.12 billion
Tradeable share ratio	35.0%	27.2%

• "Notice concerning results of initial assessment concerning satisfaction of new market segment continued listing criteria" (From Tokyo Stock Exchange, received on July 9, 2021)

Plan Timeframe

Fiscal year ending March 31, 2026 (fiscal 2025)is the final year of "G-EST2025," our mid-termplan. We have established this as the plan timeframe for meeting the continued listing criteria.

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Basic Policy to Meet the Continued Listing Criteria

We have established a two-part basic policy and will take concrete action on these elements.

1. Improve Market Cap

We will strive to become a Group with a balanced, highly profitable structure that is resilient even under adverse circumstances, as described in our G-EST 2025 mid- term plan, and will achieve ongoing improvement in market cap by strengthening Investor Relation and taking other steps to promote dialog with shareholders and investors.

2. Improve the Tradeable Share Ratio

We will engage in dialog concerning improvement in the tradeable share ratio with major shareholders and corporate shareholders and take other steps to improve liquidity.

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