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The latest announcement is out from Tonami Holdings Co., Ltd. ( (JP:9070) ).
Tonami Holdings Co., Ltd. has announced a series of strategic changes, including a share consolidation and the abolition of share unit provisions, as part of its plan to delist from the Tokyo Stock Exchange. This move follows a tender offer by JWT Co., Ltd., a subsidiary of Japan Post Co., Ltd., which now holds a majority stake in the company. The delisting process is set to occur between May 30 and June 19, 2025, and is part of a broader transaction aimed at restructuring the company’s shareholder base and enhancing operational flexibility.
More about Tonami Holdings Co., Ltd.
Tonami Holdings Co., Ltd. operates in the logistics and transportation industry, providing services primarily in Japan. The company is listed on the Prime Market of the Tokyo Stock Exchange and is involved in various logistics operations including transportation and distribution services.
YTD Price Performance: 70.02%
Average Trading Volume: 54,638
Technical Sentiment Signal: Sell
Current Market Cap: Yen91.98B
See more data about 9070 stock on TipRanks’ Stock Analysis page.