TOKYO, Jun 12 (Pulse News Wire) – KET Inc. (9239.T) announced its listing on the Tokyo PRO Market effective November 22, 2023.
The company operates in industrial waste management, aiming for stable growth and development as a vital infrastructure industry. Key objectives include enhancing visibility and social credibility, strengthening internal controls, reinforcing operational foundations, and preparing for future general market listings. Since the listing, KET Inc. has seen continuous progress towards its goals. Improved visibility has led to increased customer acquisition, though no mergers and acquisitions (M&A) have yet been finalized. The company targets five M&As by 2035 to achieve a consolidated sales target of approximately ¥3 billion.
Internal control systems have also been bolstered post-listing, with plans to increase external directors. Additionally, efforts focus on optimizing operations through IT integration and revenue enhancement strategies. Looking ahead, KET Inc. commits to annual evaluations of its listing objectives, emphasizing governance improvements and investor relations enhancements. The company aims to advance further toward a general market listing within three years, collaborating with Phillip Securities Co., Ltd. for potential listing on the Nagoya Stock Exchange.
Specific timing will depend on performance trends, M&A progress, and internal system readiness.
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