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Tonami Holdings Announces Share Consolidation and Delisting

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Tonami Holdings Announces Share Consolidation and Delisting

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Tonami Holdings Co., Ltd. ( (JP:9070) ) has provided an update.

Tonami Holdings Co., Ltd. announced the approval of a share consolidation, the abolition of share unit provisions, and amendments to its Articles of Incorporation at an extraordinary general meeting. This decision will lead to the delisting of the company’s shares from the Tokyo Stock Exchange on June 19, 2025, as part of a strategy to make JWT Co., Ltd. the sole shareholder. The share consolidation will significantly reduce the number of issued shares, impacting the company’s market presence and shareholder structure.

More about Tonami Holdings Co., Ltd.

Tonami Holdings Co., Ltd. operates in the logistics industry, providing transportation and related services. The company is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 53,523

Technical Sentiment Signal: Buy

Current Market Cap: Yen92.16B

See more insights into 9070 stock on TipRanks’ Stock Analysis page.

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