OPTiM’s latest annual report came with a catch. The software group said sales rose to ¥11.73bn and ordinary income to ¥1.95bn in the year to March 2026, but it also disclosed a formal plan to regain compliance with Tokyo Stock Exchange Prime rules after its tradable-share market value fell short of the required level.
| Metric | OPTiM | Prime requirement | Status |
|---|---|---|---|
| Shareholders | 13,881 | 800 | Met |
| Tradable-share units | 195,836 units | 20,000 units | Met |
| Tradable-share market value | ¥9.21bn | ¥10bn | Not met |
| Tradable-share ratio | 35.8% | 35% | Met |
The shortfall was narrow but important. OPTiM said its tradable-share market value stood at ¥9.21bn on March 31, below the Prime minimum of ¥10bn. It still met the other disclosed tests, with 13,881 shareholders, 195,836 tradable-share units and a 35.8% tradable-share ratio. The company has until March 31, 2027 to regain compliance. If it has not done so by then, the filing says the stock will be designated as under supervision pending confirmation, and a further failed review would move it to delisting-candidate status, with Prime delisting on October 1, 2027.
Management says the fix has two tracks: raise corporate value through growth in its AX and AgriTech businesses, sustainability efforts and fuller IR, and use capital policy to expand the tradable float. It said it still aims to stay on Prime, but will keep a move to the Standard market among the options. A separate same-day disclosure shows the capital-policy piece is not theoretical. OPTiM said it bought back ¥282.0mn of stock from founder-president and controlling shareholder Shunji Sugaya in February via ToSTNeT-3, cutting his voting stake to 55.82% from 56.29%, with better float and liquidity among the stated aims.
That leaves investors with a neat Tokyo-market paradox. OPTiM is still growing, but under the Prime rulebook growth is not enough if too little of the company is in tradable hands. Profit attributable to owners, meanwhile, slipped to ¥1.11bn from ¥1.18bn.