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Toho Acetylene Co., Ltd. Seeks Market Segment Change Amidst Growth Commitment

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Toho Acetylene Co., Ltd. Seeks Market Segment Change Amidst Growth Commitment

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Toho Acetylene Co., Ltd. ( (JP:4093) ) has issued an announcement.

Toho Acetylene Co., Ltd. has resolved to apply for a change in its market segment from the Prime Market to the Standard Market due to not meeting the required market capitalization criteria for continued listing on the Prime Market. Despite this change, the company remains committed to its growth strategies and aims to enhance corporate governance and investor relations to improve long-term corporate value.

The most recent analyst rating on (JP:4093) stock is a Buy with a Yen395.00 price target. To see the full list of analyst forecasts on Toho Acetylene Co., Ltd. stock, see the JP:4093 Stock Forecast page.

More about Toho Acetylene Co., Ltd.

Average Trading Volume: 52,420

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen12.55B

See more insights into 4093 stock on TipRanks’ Stock Analysis page.

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