DIAMOND ELECTRIC HOLDINGS Co.,Ltd. [6699.T]
TOKYO, Mar 27 (Pulse News Wire) – Diamond Electric Holdings CO.,LTD. (6699.T) announced today that it received approval from the Tokyo Stock Exchange (TSE) to move its listing from the Prime Market to the Standard Market effective April 3, 2026.
The company had previously submitted a plan to meet Prime Market standards on June 23, 2023, followed by updates on progress towards meeting those standards on June 28, 2024, and June 30, 2025. However, DIAMOND ELECTRIC HOLDINGS decided to withdraw this plan due to recent changes in its market classification. Going forward, the company remains committed to its long-term strategy outlined in its "Flame Scrum" plan, focusing on creating products that contribute to environmental sustainability.
It will continue to push for performance improvements through strategic initiatives aimed at enhancing shareholder value and advancing its technology development projects such as Project A—ammonia combustion technology—and the recently introduced energy storage system known as Ebihachi. DIAMOND ELECTRIC HOLDINGS emphasizes its dedication to fostering resilience and innovation across its global operations spanning ten countries, fourteen factories, and twenty-six locations. The company reaffirms its commitment to driving technological advancements and maintaining robust partnerships moving forward.
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