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Nitto Kohki Outlines Strategy to Meet Tokyo Stock Exchange Listing Criteria

Story Highlights
  • Nitto Kohki plans to address its non-compliance with the Tokyo Stock Exchange’s listing criteria.
  • The company is working to increase tradable shares and improve liquidity through various measures.
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Nitto Kohki Outlines Strategy to Meet Tokyo Stock Exchange Listing Criteria

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Nitto Kohki Co., Ltd. ( (JP:6151) ) has shared an update.

Nitto Kohki Co., Ltd. has announced a plan to address its non-compliance with the Tokyo Stock Exchange Prime Market’s continued listing criteria, specifically regarding the tradable share ratio. The company is implementing measures to increase the number of tradable shares and improve liquidity, including capital policies and shareholder engagement. Recent efforts suggest that Nitto Kohki may have already met the required tradable share ratio, but it will continue to monitor and adjust its strategies to ensure compliance.

More about Nitto Kohki Co., Ltd.

Nitto Kohki Co., Ltd. operates in the industrial equipment sector, specializing in the production of high-quality tools, couplings, and pumps. The company focuses on innovation and reliability, catering to a global market with a strong emphasis on enhancing operational efficiency and product performance.

Average Trading Volume: 23,027

Technical Sentiment Signal: Sell

Current Market Cap: Yen31.93B

Find detailed analytics on 6151 stock on TipRanks’ Stock Analysis page.

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