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Nissei Plastic to Delist as New GMS Group Holding Company Lists on TSE Prime

Story Highlights
  • Nissei Plastic will delist as it and Toyo Innovex form GMS Group, a new joint holding company.
  • GMS Group will list on TSE Prime, shifting investor exposure while Nissei joins as a wholly owned subsidiary.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nissei Plastic to Delist as New GMS Group Holding Company Lists on TSE Prime

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The latest update is out from Nissei Plastic Industrial Co., Ltd. ( (JP:6293) ).

Nissei Plastic Industrial Co., Ltd. will be delisted on March 30, 2026, as it and Toyo Innovex Co., Ltd. complete a previously approved share transfer to form GMS Group Co., Ltd., a new joint holding company that will own both businesses as wholly owned subsidiaries. GMS Group Co., Ltd. is scheduled to be newly listed on the Tokyo Stock Exchange Prime Market on April 1, 2026, marking a transition in corporate structure that consolidates the two firms under a single listed parent while ending Nissei Plastic’s status as an independent listed entity.

The company expressed gratitude to shareholders and stakeholders for their support across multiple exchange listings and market upgrades since 1991, underscoring the historical significance of its exit from direct listing. Management emphasized a continued commitment to enhancing corporate value within the new GMS Group framework, signaling that investor exposure will shift from Nissei Plastic’s individual shares to the new holding company’s stock while maintaining continuity in group operations.

The most recent analyst rating on (JP:6293) stock is a Hold with a Yen826.00 price target. To see the full list of analyst forecasts on Nissei Plastic Industrial Co., Ltd. stock, see the JP:6293 Stock Forecast page.

More about Nissei Plastic Industrial Co., Ltd.

Nissei Plastic Industrial Co., Ltd. is a Japanese manufacturer in the plastics and related industrial machinery sector, listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange. Since its initial listing in 1991, the company has built a long-standing presence in Japan’s capital markets, serving a wide base of shareholders and industrial customers.

Average Trading Volume: 43,601

Technical Sentiment Signal: Buy

Current Market Cap: Yen16.87B

Find detailed analytics on 6293 stock on TipRanks’ Stock Analysis page.

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