Neturen : Notice Concerning Application for a Listing on Prime Market, a New Segment of TSE
December 02, 2021 at 06:11 am
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November 5, 2021
Company name:
Neturen Co., Ltd.
Name of representative:
Katsumi Omiya, Representative
Director, Member of the Board,
President and Chief Executive
Officer
(Securities code: 5976; 1st Section
of the Tokyo Stock Exchange)
Inquiries:
Tomokatsu Yasukawa, Director,
Member of the Board, Executive
Officer, General Manager,
Administrative Headquarters
(Telephone: +81-3-3443-5441)
Notice Concerning Application for a Listing on
Prime Market, a New Segment of TSE
Neturen Co., Ltd. (the "Company") hereby announces that it has decided, at a meeting of the Board of Directors held today, to apply for a listing on the Prime Market, one of the three market segments into which Tokyo Stock Exchange, Inc. ("TSE") will restructure itself.
The decision came after TSE informed the Company on July 9, 2021 that its initial assessment found that the Company satisfies the listing criteria for the Prime Market.
Going forward, the Company will follow necessary procedures for an application for a listing on the new market segment in accordance with the timetable that TSE has prepared.
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Neturen Co. Ltd. published this content on 02 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 06:10:08 UTC.
Neturen Co., Ltd. is a Japan-based company primarily engaged in the manufacture and sale of prestressed concrete(PC) steel bars, steel wires and induction heating equipment. The Company is also enagegd in the leasing of office buildings and other related research and development business. It has two business segments. The Product-related segment manufactures and sells PC steel bar-related products for civil engineering and construction works, and high-strength spring steel wire-related products for automobile and two-wheel vehicle suspension springs. The Induction Heating (IH)-related segment offers induction heating apparatus, construction machine parts, and automobile components, including hollow rack bars and worm wheels. This segment is also involved in the heat treatment and processing businesses. The Company is also engaged in the leasing of office buildings and others.