Orient Corporation Achieves Key Listing Criteria for TSE Prime Market
Orient Corporation has met the Tokyo Stock Exchange's criteria for the Prime Market by achieving a tradable share ratio of 35% or more. This follows ITOCHU Corporation's share sale aimed at improving this ratio. The company is focused on enhancing corporate value and investor relations through better integrated reports and English-language disclosures. Current market cap stands at $1.96B.
An announcement from Orient Corporation ( (JP:8585) ) is now available.
Orient Corporation announced progress in meeting the Tokyo Stock Exchange’s continued listing criteria for the Prime Market, specifically achieving a tradable share ratio of 35% or more. This development follows ITOCHU Corporation’s sale of shares to improve the tradable share ratio, allowing Orient Corporation to maintain its Prime Market listing. The company is committed to enhancing corporate value and investor relations by improving integrated reports and English-language disclosures to attract a wider range of investors.
More about Orient Corporation
Current Market Cap: $1.96B
For a thorough assessment of 8585 stock, go to TipRanks’ Stock Analysis page.
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