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Torex Semiconductor Ltd. ( (JP:6616) ) has shared an announcement.
Torex Semiconductor Ltd. has announced a plan to comply with the Tokyo Stock Exchange’s continued listing criteria, as it currently does not meet the market capitalization requirement for tradable shares. The company intends to improve profitability and market capitalization through initiatives such as expanding sales in core businesses, enhancing profitability by leveraging core strengths, and implementing a new medium-term management plan. If Torex fails to meet the criteria by March 2026, its stock risks being delisted.
More about Torex Semiconductor Ltd.
Torex Semiconductor Ltd. operates in the semiconductor industry, focusing on products such as DC/DC converters and integrated coil DC/DC converters. The company aims to enhance its market presence by leveraging its core strengths in compact, low power, and low noise products.
Average Trading Volume: 30,142
Technical Sentiment Signal: Sell
Current Market Cap: Yen13.48B
See more insights into 6616 stock on TipRanks’ Stock Analysis page.