"Yukiguni Maitake" Relisted on TSE for the first time in 5 years August 17:57 on 14th
"Yukiguni Maitake", a mushroom production and sales company in Niigata Prefecture, will relist its stock on the Tokyo Stock Exchange for the first time in five years next month.
The company to be re-listed is "Yukiguni Maitake", a mushroom production and sales company headquartered in Niigata Prefecture, and the Tokyo Stock Exchange has approved the listing of shares on 14th and 17th of next month.
It is said that whether the listed market will be on the first section or the second section of the Tokyo Stock Exchange will be decided after the selling price of the stock is decided.
“Yukiguni Maitake” was once found to have inappropriate accounting treatment, and even after that, the conflict between the founder and the management became serious and the management was confused.
In 2015, US investment fund "Bain Capital" became a subsidiary, and the listing on the Second Section of the Tokyo Stock Exchange was abolished.
"Yukiguni Maitake" says that it will use the funds obtained from the stock's relisting for the first time in five years for the investment necessary for future growth, including strengthening online shopping.