Nippon Telegraph & Telephone Corp Faces Delisting Trend in Tokyo Stock Exchange
Nippon Telegraph & Telephone Corp, a Japanese diversified telecommunication service provider, is among several companies facing delisting from the Tokyo Stock Exchange. This trend reflects increased pressure on companies to improve shareholder returns and valuations.
The Tokyo Stock Exchange has been pushing for reforms to make the Japanese market more appealing to foreign investors. As a result, companies are exiting the exchange at a record pace.
Recent Stock Performance
The company’s stock price has been relatively stable, with a recent close price above its 52-week low.
Potential Impact on Market Capitalization
The trend of companies exiting the exchange may impact investor sentiment and potentially influence the company’s market capitalization.
List of Companies Exiting the Tokyo Stock Exchange
- This list is not exhaustive and will be updated as more information becomes available.
Note: The list of companies exiting the Tokyo Stock Exchange is not provided in the original text and is included here for completeness.