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Sumitomo Riko Company Limited ( (JP:5191) ) has provided an update.
Sumitomo Riko Company Limited has successfully met the Tokyo Stock Exchange’s Prime Market Continued Listing Criteria as of March 31, 2025. This achievement follows a strategic plan initiated in 2021 to improve its tradable share ratio and other compliance metrics, ensuring the company’s continued presence in the Prime Market. The company has implemented measures such as selling shares by a corporate shareholder to enhance its tradable share ratio, reflecting its commitment to sustainable growth and enhanced corporate value over the medium to long term.
More about Sumitomo Riko Company Limited
Sumitomo Riko Company Limited operates in the manufacturing industry, focusing primarily on producing rubber and plastic products. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market, indicating its significant presence in the Japanese market.
Average Trading Volume: 234,266
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen168.5B
See more data about 5191 stock on TipRanks’ Stock Analysis page.