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Tokyo Stock Exchange

All articles tagged with #tokyo stock exchange

Village in the Shade sparks Nippon Ichi Software's profit rebound
business2 hours ago

Village in the Shade sparks Nippon Ichi Software's profit rebound

Nippon Ichi Software lifted its forecast for the year ending March 2027, predicting a 50.1% year‑over‑year rise in net sales and a 141.4% jump in operating profit to 715 million yen, with ordinary and net profits also up substantially, driven by sizzling demand for Village in the Shade (over 100,000 copies sold in Japan in five days and 50,000 more by late August). The global version launches on October 27, expected to boost sales further. The upbeat outlook follows a turnaround from 2025 losses after shifting from contract work to original IP, with more titles like GOBBLE and Prinny Party: Going Overboard! on the horizon, and the stock briefly hitting the upper limit on Aug 31 on the Tokyo Stock Exchange.

Toshiba's Delisting Marks New Era of Private Ownership and Digital Push
business2 years ago

Toshiba's Delisting Marks New Era of Private Ownership and Digital Push

Toshiba, the iconic Japanese electronics company, has been delisted from the Tokyo stock exchange after 74 years. The move comes after the company was taken private in an £11bn deal led by private equity investor Japan Industrial Partners. Toshiba has faced years of pressure from activist investors following a major accounting scandal, which raised concerns about Japan's corporate governance model. The company is now under new ownership and may be broken up to maximize value. Toshiba, which traces its roots back to 1875, has been a key player in Japan's economy, and its operations are considered critical to national security.

Kokusai Electric's Tokyo IPO Soars, Surpassing Expectations
business2 years ago

Kokusai Electric's Tokyo IPO Soars, Surpassing Expectations

Shares of Japanese semiconductor equipment maker Kokusai Electric surged 32% on its Tokyo Stock Exchange debut, reaching a high of 2,431 yen per share. The initial public offering (IPO) raised 108 billion yen and valued Kokusai at around 424 billion yen. However, some analysts have expressed mixed views on the stock's long-term prospects, citing competition from rivals Tokyo Electron and Lasertec, as well as potential pressure on memory chip demand. American private equity firm KKR, which acquired Kokusai Electric in 2018, may consider selling its remaining shares after the 180-day lock-up period, potentially impacting the stock's performance in the medium term.

Toshiba's Stock Exchange Exit Sealed with $14 Billion Takeover
business2 years ago

Toshiba's Stock Exchange Exit Sealed with $14 Billion Takeover

Toshiba, the troubled electronics and energy giant, will be delisted from the Tokyo Stock Exchange within a month after a consortium put in a 2 trillion yen tender offer. The offer was successful, with 78.65% of shares purchased, and the switch to Toshiba's new parent company, TBJH Inc., will take place on September 27. The delisting still requires shareholder approval, with a meeting scheduled for November. Toshiba has faced a series of challenges, including an accounting scandal and losses related to its nuclear energy business. The company aims to boost its value even after privatization, but analysts remain uncertain about its profitability.