Major Topics from 2Q Financial Results Announcement
Plans to Meet the Continued Listing Criteria (announced on December 10, 2021)
In order to meet the Prime Market's listing criteria, we intend to promote each business strategy based on the medium-term management plan (FYE2023 to FYE2027), which will be announced in Spring 2022. At the same time, we intend to expand our business results by enhancing corporate governance and improving stock liquidity in order to increase the total value of the market through the improvement of corporate value.
We expect to achieve a tradable share market capital of at least 10 billion JPY by the end of March 2027, the final fiscal year of the medium-term management plan.
Completion of Share Repurchase (announced on December 3, 2021)
At a meeting of the Board of Directors held on September 14, 2021, the Company resolved to repurchase up to 0.3 million shares at a total cost of 350 million for the purpose of implementing a flexible capital policy in response to changes in the business environment in order to meet the Prime Market's listing criteria of at least 10 billion for a tradable market capital.
During the period from September 15 to November 30, 2021, the Company repurchased the following shares.
Total number of shares repurchased： 280,000 shares (2.93% of the total number of issued shares (excluding treasury stock))
Total amount of repurchase： 349,942,000 JPY
Began Consolidation of Profits and Losses of VALUE ARK CONSULTING CO., LTD.
Profit and loss of VALUE ARK CONSULTING CO., LTD., a company engaged in the SES business targeting freelance IT engineers, which the Company conducted an M&A on September 30, 2021, was newly consolidated in the 3rd quarter of FYE2022 under review.
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Copro-Holdings Co. Ltd. published this content on 10 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2022 07:09:27 UTC.
COPRO-HOLDINGS. Co., Ltd. is a Japan-based holding company which is engaged in the management of the group and other related businesses. The Companyâs Construction Engineer Dispatch segment includes construction, civil engineering, facility, plant, computer aided design (CAD) and other business types. The construction business is engaged in management and design assistance of construction works like high-rise buildings. The civil engineering business is engaged in management and design assistance mainly on road and bridge construction. The facility business is engaged in management and design assistance of facility constructions like commercial facilities and factories. The plant business is engaged in management and design assistance of various plant constructions. The CAD business is engaged in the dispatch of CAD operators for above businesses. Other business is engaged in office work on above businesses.
COPRO-HOLDINGS. CO., LTD. 
