BombermanBoard Forum Index BombermanBoard
Bomberman Community
 
 Search Forum   Member List   Chat / Chat Log 
 Control Panel   Private Messages   Register   Log in 
BombermanBoard Forum Index -> Video Games In General
Viewing Single Post
From Topic: Konami delists itself from the New York Stock Exchange
Author Message
Sora G. Silverwind
Bomberjack

Status: Hidden

Joined: 09 Mar 2006
Posts: 679
Post#1  Posted: Mon Apr 27, 2015 5:20 pm  Reply with quote + 
From Polygon.

Quote:
Konami today voluntarily delisted itself from the New York Stock Exchange, effective April 24.

Konami first notified investors of plans to delist in November and filed the notice on April 1, according to SEC documents. In today's filing, Konami notes that 99.71 percent of the trading of the company's stock over the past year occurred in Japan and London.

In the April 1 filing, Konami officials said the decision to delist the company from the New York Stock Exchange was a cost savings measure. U.S. regulatory compliance costs the company a minimum of $5 million a year, analyst Michael Pachter told Polygon.

[. . . ]

It's unclear what if any impact this might have on the company moving forward. In today's release, Konami officials wrote that the company will still share financial statements and other information in english, though they will no longer be obligated to under the Exchange Act.

[. . . ]

The news comes hours after the company confirmed that it had killed off Silent Hills, the latest in the survival horror franchise. The game was to involve the work of Hideo Kojima and Guillermo del Toro and feature the likeness of Norman Reedus.

Last month, Konami removed Kojima's name and the Kojima Productions logo from the official Metal Gear Solid websites, Twitter accounts and marketing materials. That spawned reports that Kojima would be leaving the publisher for whom he has worked his entire career.
_________________


AO3 | deviantArt | Tumblr
Bluesky | Twitter | Ko-Fi
Bombermanga | Bomber Base | B-Daman Now, Dog!

If I don't wield the bomb, I can't protect you. If I keep wielding the bomb, I can't embrace you.
Back to Top
View user profile Send Private Message
BombermanBoard Forum Index -> Video Games In General All times are GMT-5:00 (DST+1)

Jump to: 


Total Time: 0.1308s
Index - Back to Top