What is the Tokyo Stock Exchange Standard market?

TSE Standard is a listing segment for companies with stable fundamentals, reasonable liquidity, and compliance with Japan’s Corporate Governance Code. Requirements are lighter than Prime but stricter than Growth. It suits firms aiming for steady expansion and broader institutional ownership, while maintaining quarterly reporting and timely disclosure obligations.

How could the move affect Scala 4845.T shareholders?

If approved, Standard status can widen the potential buyer base, since some domestic mandates permit Standard but exclude Growth. It may also encourage better governance practices and more coverage. The net effect depends on trading liquidity, spreads, and company communication after approval, so monitor volumes and broker research.

What are key fundamentals for Scala 4845.T right now?

Recent metrics show a P/E near 6.9, earnings yield about 14.5%, ROE around 20.7%, net margin near 12.0%, price-to-book about 1.41, and dividend yield roughly 4.56% on ¥17 DPS. Debt-to-equity is around 0.94, current ratio 1.70, and interest coverage about 8.5 times.

What should investors watch next on the timeline?

First, look for the TSE response to the application and any company governance updates. Then review the 16 Feb 2026 earnings for comments on the listing change and liquidity plans. TSE review durations vary, so rely on official notices and timely disclosure rather than market rumors.

Global Market Insights

4845.T Stock Today: February 11 — Applies to TSE Standard Market

ByDanny Kontos February 10, 2026February 10, 2026

Scala 4845.T is in focus after a Japan timely disclosure stated it applied to move its listing to the Tokyo Stock Exchange Standard market on 10 Feb 2026. Scala (4845.T) could see changes in investor eligibility, governance practices, and trading liquidity if approved. Recent data show shares near ¥379 with a market cap around ¥6.48 billion, a P/E near 6.9, and a 4.56% dividend yield. Earnings are scheduled for 16 Feb 2026. We outline what the application means and how investors in Japan can prepare.