Prodigital
All Star
If this in anyway jeopardizes my metal gear im gonna set my playstation on fire. Its starting to get stressful now. Im legit worried
Konami delists itself from New York Stock Exchange
- Thread starter Kamikaze Revy
- Start date
sell all that shyt to sony. they got history
Kingshango
Veteran
I swear to God this is not a photoshop.
fukking pathetic.
fukking pathetic.
Dirty Mcdrawz
Your girl loves em....
It's still too early but I'm pretty sure konami might be a shoo in for the worst publisher of 2015 
ORDER_66
I am The Wrench in all your plans....
Kojikma should sue....
Kingshango
Veteran
It's still too early but I'm pretty sure konami might be a shoo in for the worst publisher of 2015
For real, I haven't seen a PR clusterfukk this bad since Capcom did Mega Man Legends(Mega Man in general) dirty. Hell Konami is making Capcom look good in comparison.
[Update] Konami's Voluntary New York Stock Exchange Delisting No Reason To Panic
by Mike Futter on April 27, 2015 at 02:44 PM
Update: Konami has provided an additional comment on the voluntary delisting from the New York Stock Exchange. The extensive statement (and analysis follow).
The Company listed its [American Depositary Shares] on the NYSE in September 2002 mainly to diversify its opportunities for fund-raising and to raise the visibility of the KONAMI brand. Since then, the Company has made efforts to enhance disclosures for shareholders and investors with the goal of deepening their understanding of the Company, in addition to complying with the disclosure requirements of U.S. securities laws and regulations, providing consolidated financial statements in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”), and establishing internal controls in accordance with the Sarbanes-Oxley Act of 2002.
Meanwhile, the external environment has significantly changed as indicated by the increases in trading volume of Japanese stocks through stock exchanges in Japan by overseas investors due to the internationalization of the Japanese financial and capital markets, as well as the narrowing of the gap between U.S. and Japanese disclosure standards with respect to financial reporting due to a series of amendments to Japanese laws and regulations and accounting standards.
While the Company believes the initial objectives of the U.S. ADS listing were mainly achieved, it has judged that the continued listing on the NYSE is not economically justified, taking into account the market changes as stated above and the fact that the trading volume of its ADSs on the NYSE accounts for only a small fraction of the total trading volume of its shares. Therefore, the Company has decided to apply for voluntary delisting of its ADSs from the NYSE and for termination of registration of its ADSs with the U.S. Securities and Exchange Commission (the “SEC”) under the Exchange Act.
In summary, Konami is reinforcing our analysis (below) that continued listing on the New York Stock Exchange is not economically worthwhile any longer. With reporting guidelines becoming closer across financial markets, the Japanese reporting we receive (and will continue to see in English) each quarter provide information necessary for investors.
http://www.gameinformer.com/b/news/...exchange-delisting-isn-t-reason-to-panic.aspx
by Mike Futter on April 27, 2015 at 02:44 PM
Update: Konami has provided an additional comment on the voluntary delisting from the New York Stock Exchange. The extensive statement (and analysis follow).
The Company listed its [American Depositary Shares] on the NYSE in September 2002 mainly to diversify its opportunities for fund-raising and to raise the visibility of the KONAMI brand. Since then, the Company has made efforts to enhance disclosures for shareholders and investors with the goal of deepening their understanding of the Company, in addition to complying with the disclosure requirements of U.S. securities laws and regulations, providing consolidated financial statements in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”), and establishing internal controls in accordance with the Sarbanes-Oxley Act of 2002.
Meanwhile, the external environment has significantly changed as indicated by the increases in trading volume of Japanese stocks through stock exchanges in Japan by overseas investors due to the internationalization of the Japanese financial and capital markets, as well as the narrowing of the gap between U.S. and Japanese disclosure standards with respect to financial reporting due to a series of amendments to Japanese laws and regulations and accounting standards.
While the Company believes the initial objectives of the U.S. ADS listing were mainly achieved, it has judged that the continued listing on the NYSE is not economically justified, taking into account the market changes as stated above and the fact that the trading volume of its ADSs on the NYSE accounts for only a small fraction of the total trading volume of its shares. Therefore, the Company has decided to apply for voluntary delisting of its ADSs from the NYSE and for termination of registration of its ADSs with the U.S. Securities and Exchange Commission (the “SEC”) under the Exchange Act.
In summary, Konami is reinforcing our analysis (below) that continued listing on the New York Stock Exchange is not economically worthwhile any longer. With reporting guidelines becoming closer across financial markets, the Japanese reporting we receive (and will continue to see in English) each quarter provide information necessary for investors.
http://www.gameinformer.com/b/news/...exchange-delisting-isn-t-reason-to-panic.aspx
ORDER_66
I am The Wrench in all your plans....
[Update] Konami's Voluntary New York Stock Exchange Delisting No Reason To Panic
by Mike Futter on April 27, 2015 at 02:44 PM
Update: Konami has provided an additional comment on the voluntary delisting from the New York Stock Exchange. The extensive statement (and analysis follow).
The Company listed its [American Depositary Shares] on the NYSE in September 2002 mainly to diversify its opportunities for fund-raising and to raise the visibility of the KONAMI brand. Since then, the Company has made efforts to enhance disclosures for shareholders and investors with the goal of deepening their understanding of the Company, in addition to complying with the disclosure requirements of U.S. securities laws and regulations, providing consolidated financial statements in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”), and establishing internal controls in accordance with the Sarbanes-Oxley Act of 2002.
Meanwhile, the external environment has significantly changed as indicated by the increases in trading volume of Japanese stocks through stock exchanges in Japan by overseas investors due to the internationalization of the Japanese financial and capital markets, as well as the narrowing of the gap between U.S. and Japanese disclosure standards with respect to financial reporting due to a series of amendments to Japanese laws and regulations and accounting standards.
While the Company believes the initial objectives of the U.S. ADS listing were mainly achieved, it has judged that the continued listing on the NYSE is not economically justified, taking into account the market changes as stated above and the fact that the trading volume of its ADSs on the NYSE accounts for only a small fraction of the total trading volume of its shares. Therefore, the Company has decided to apply for voluntary delisting of its ADSs from the NYSE and for termination of registration of its ADSs with the U.S. Securities and Exchange Commission (the “SEC”) under the Exchange Act.
In summary, Konami is reinforcing our analysis (below) that continued listing on the New York Stock Exchange is not economically worthwhile any longer. With reporting guidelines becoming closer across financial markets, the Japanese reporting we receive (and will continue to see in English) each quarter provide information necessary for investors.
http://www.gameinformer.com/b/news/...exchange-delisting-isn-t-reason-to-panic.aspx
Bullshyt, they did it because with Kojima being fired and them basically switching to mobile games their stocks would take a serious hit, so they're tucking their tail and saving face....
it wont save them. once they fired kojima and treated him and his team like shyt word would spread anyways... company's going down the drain like fukking capcom... fukk konami...
