Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Sumitomo Riko Company Limited ( (JP:5191) ) has issued an announcement.
Sumitomo Riko Company Limited has approved a share cash-out demand by its special controlling shareholder, Sumitomo Electric Industries, Ltd., resulting in the company’s common stock meeting the delisting criteria of both the Tokyo Stock Exchange and the Nagoya Stock Exchange. The shares will be delisted on January 29, 2026, effectively ending Sumitomo Riko’s status as a publicly traded company, and the company has expressed gratitude to its shareholders while pledging to continue efforts to enhance corporate value under its new ownership structure.
The most recent analyst rating on (JP:5191) stock is a Buy with a Yen3019.00 price target. To see the full list of analyst forecasts on Sumitomo Riko Company Limited stock, see the JP:5191 Stock Forecast page.
More about Sumitomo Riko Company Limited
Sumitomo Riko Company Limited is a Japanese industrial manufacturer listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market. The company operates under the umbrella of special controlling shareholder Sumitomo Electric Industries, Ltd., and serves industrial and automotive markets with its products, positioning itself within the broader Sumitomo corporate group.
Average Trading Volume: 419,750
Technical Sentiment Signal: Buy
Current Market Cap: Yen269B
For detailed information about 5191 stock, go to TipRanks’ Stock Analysis page.