Diamond Electric Holdings Co., Ltd. (JP:6699) has released an update.
Diamond Electric Holdings Co., Ltd. has failed to meet the Tokyo Stock Exchange’s market capitalization standards for tradable shares, despite efforts to improve financial performance and shareholder returns. The company has seen a decline in share price and has not achieved its management goals, partly due to a perceived lack of progress in their renewable energy and energy-saving inverter businesses. They plan to address these issues by the end of March 2025 to maintain their listing.
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