Konami Delisted From New York Stock Exchange - News
by William D'Angelo , posted on 27 April 2015 / 5,305 Views
Konami has announced today that it has been voluntarily delisted from the New York Stock Exchange. This took effect on April 24. Konami stocks are still available through the Tokyo Stock Exchange and the London Stock Exchange.
Konami is also being deregistered from the U.S. Securities and Exchange Commission. The firm will be deregistered on July 12, which is 90 days after the company filed with the SEC.
"After the delisting of its ADSs from the NYSE, the Company maintains its American Depositary Receipt Program in the U.S., and therefore its ADSs continue to be traded in the U.S. on the over-the-counter market," reads the press release.
"While the Company’s reporting obligations under the Exchange Act (including the obligation to file annual reports on Form 20-F) will be terminated, the Company will continue to disclose financial statements and other information, in English, on its website to ensure that its overseas shareholders and investors will continue to have appropriate information about the Company."
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A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.
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beginning of the end? or well.... middle of the end really since it's been going on a few weeks now.
Given Konami's scant releases since 2010 I'd say it's been going on for a few years now. They've been complaining about the poor returns from console games compared to their other business lines for quite awhile now.
Given Konami's scant releases since 2010 I'd say it's been going on for a few years now. They've been complaining about the poor returns from console games compared to their other business lines for quite awhile now.
Sorry about the double post, BTW. A mod can delete if s/he wants.
The hell is going on at Konami?!
A lot going on at Konami right now. Wonder if we'll ever find out what started all of this.
Yeah, would love to know. Must have been quite something.
Sell Suikoden to someone who will use the IP before the end.
Doesn't sound good...
Quick guys, lets put together our allowances and buy the Metal Gear Franchise before EA does
This is not good.
good!!
What is going on with them lately?
Everyone is worried about Silent Hill and Metal Gear Solid. I'm more worried about Contra.
I hope that whoever manages to buy the Silent Hill IP has talent, enough respect for the franchise and does not change it into first person just to follow trends.
Good to hear.
Does this answer your question Turkish?
good!!
