Takamiya : Notice Regarding the Results of the Initial Determination of Compliance with the Listing Maintenance Standards in the New Market Category

FOR TRANSLATION PURPOSE ONLY

Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes.

In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Press release on August 26, 2021

Takamiya Co., Ltd.

Representative Director, President and Chairman: Mr. Kazumasa Takamiya

Listed on: Tokyo Stock Exchange (1st Section)

Stock code: 2445

Notice Regarding the Results of the Initial Determination of Compliance with the Listing Maintenance Standards in the New Market Category and Efforts to Meet the Prime Market Standards

Takamiya Co., Ltd. (hereinafter referred to as "the Company") hereby announces the results of the initial assessment of the Company's compliance with the listing maintenance criteria as notified by Tokyo Stock Exchange, Inc. and the Company's efforts to meet the prime market criteria based on the assessment as follows.

1. Results of the Initial Determination of Compliance with the Criteria for Listing Maintenance in the New Market Category

On July 9, 2021, the Company received the results of the primary assessment fromTokyo Stock Exchange, Inc. on the status of compliance with the listing maintenance standards for the new market category, and was notified that the "number of shares traded," "total market capitalization of shares traded," and "trading value ratio" met the listing maintenance standards for the prime market, and that only the "trading value" did not meet the relevant standards.

Number of shares in circulation	conform
Market capitalization of shares in circulation	conform
Ratio of shares in circulation	conform
Trading volume	non-conforming

2. Efforts to meet prime market standards

Based on the above results, the Company resolved at the Board of Directors' meeting held today to select the Prime Market as the new market segment of the Tokyo Stock Exchange, Inc. and to aim to meet the listing maintenance criteria while taking advantage of the transitional measures.The Company will deepen its deliberations on specific measures to meet the listing maintenance standards of the Prime Market, and will announce them in the "Plan for Compliance with the Listing Maintenance Standards of the New Market Category," which is scheduled to be submitted and disclosed toTokyo Stock Exchange, Inc. by December 2021.

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