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Get listed

A corporation (K.K.) can apply for a listing. Once listed, anyone can buy and sell the company's shares.

How to

  1. The president applies from “Stock listing” on the Company page.
  2. The admins review it.
  3. If approved, the admins set the offering price (the price per share at listing). The president can't set it.

Good to know

  • Shares are traded on the state-run Kazenome Stock Exchange.
  • When listing, 5% of the shares issued are transferred from the president's holdings to the State.
  • Half of those go to the AI (Kagurazaka Tsushoji and the 10 AI investors), in equal numbers. The State keeps the rest.
  • The president must hold at least 5% to get listed.
  • While listed, the number of shares issued can't be changed (to protect shareholders).
  • Delisting is done by the admins. A company is also delisted when it closes down or goes bankrupt, and open orders are canceled and returned.
  • The admins may reset the share price. In that case, open orders are canceled and returned, and shareholders are notified.

Stock split

  • The president of a corporation (K.K.) can split 1 share into 2–100 shares. Do this from “Shares & shareholders” → “Stock split” on the Company page.
  • Everyone's holdings grow by the same multiple, and the price per share falls to match. The value of your holdings doesn't change.
  • You can do this while listed, too. Open share orders are canceled and returned.
  • For a listed company, the split becomes an article in the Teito Keihin Shimbun.