Tohoku Steel Co Ltd

2026/10/30 12:01 Updated
Market Cap: $210.1M (¥33.1B)
Stock Price: $28.29 (¥4,455)
Exchange Rate: 1 USD = ¥157.48

Notice of Delisting of the Company’s Shares

Following approval of a reverse stock split at an extraordinary general meeting, the common shares meet the Tokyo Stock Exchange delisting criteria. Delisting will take effect on 2026-10-19. See the September 16 press release for details.

Importance:
Page Updated: October 16, 2026
IR Disclosure Date: October 16, 2026

Key Figures

  • Delisting date: 2026-10-19
  • Approval date of reverse stock split: 2026-09-16
  • Press release reference date: 2026-09-16

AI要約

Decision to Delist and Background

This notice reports that, following approval of a reverse stock split at the extraordinary general meeting held on September 16, 2026, the common shares have met the delisting criteria. The delisting will be implemented effective 2026-10-19. For details, please refer to the press release dated the same day titled "Notice of Approval of Resolution Regarding Reverse Stock Split, Abolition of the Designation of Trading Unit and Partial Amendment of the Articles of Incorporation."

Future Actions and Appreciation to Stakeholders

The company expresses gratitude to shareholders and stakeholders and states its intention to continue striving to enhance corporate value as a member of the group. The company plans to continue operations as part of the Daido Steel Group after delisting and requests continued support and understanding.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Tohoku Steel Co Ltd

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