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Toho Acetylene Co., Ltd. ( (JP:4093) ) has shared an announcement.
Toho Acetylene Co., Ltd. announced its progress in meeting the criteria for continued listing on the Tokyo Stock Exchange Prime Market. Despite challenges such as a decrease in sales and profits due to plant repairs and increased costs, the company is preparing to apply for a change to the Standard Market by October 2025. The company is also enhancing corporate governance by appointing more independent directors to its board.
More about Toho Acetylene Co., Ltd.
Toho Acetylene Co., Ltd. operates in the industrial gas industry, focusing on the production and distribution of acetylene and other related gases. The company is listed on the Tokyo Stock Exchange Prime Market and is working towards meeting the listing criteria for this market segment.
Average Trading Volume: 95,035
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen13.74B
For detailed information about 4093 stock, go to TipRanks’ Stock Analysis page.