tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Koei Tecmo Plans Compliance Strategy for TSE Prime Market Listing

Story Highlights
Koei Tecmo Plans Compliance Strategy for TSE Prime Market Listing

Elevate Your Investing Strategy:

An announcement from Koei Tecmo Holdings Co., Ltd. ( (JP:3635) ) is now available.

Koei Tecmo Holdings Co., Ltd. has announced a plan to address its non-compliance with the Tokyo Stock Exchange’s Prime Market listing maintenance criteria, specifically the tradable share ratio. The company had previously attempted to meet these criteria through a scheme involving convertible bonds and treasury stock acquisition, but it was unsuccessful. They are now considering alternative measures to ensure compliance by March 2026, as failure to do so could result in their stock being designated as a ‘Delisting Issue.’

The most recent analyst rating on (JP:3635) stock is a Hold with a Yen1500.00 price target. To see the full list of analyst forecasts on Koei Tecmo Holdings Co., Ltd. stock, see the JP:3635 Stock Forecast page.

More about Koei Tecmo Holdings Co., Ltd.

Koei Tecmo Holdings Co., Ltd. is a prominent player in the digital entertainment industry, aiming to become the world’s leading company in this sector. It focuses on creating and contributing to the digital entertainment space, representing Japan on a global scale.

Average Trading Volume: 637,841

Technical Sentiment Signal: Buy

Current Market Cap: Yen789.1B

Find detailed analytics on 3635 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1