Apple decides to delist shares from Tokyo Stock Exchange

“U.S.-based Apple Computer Inc. (AAPL) said Wednesday it has decided to delist its shares from the Tokyo Stock Exchange (TSE), citing low trading volume. The maker of iPod portable music players and Macintosh computers first listed its shares on TSE in 1990,’ Dow Jones reports.

“Although as many as 127 companies were listed on the TSE’s foreign section in 1991, that number has declined steadily in recent years due to the falloff in trade of those issues. Earlier this year, Procter & Gamble Co. (PG) delisted its shares from the Tokyo bourse,” Dow Jones reports. “The delisting of Apple Computer will leave 30 companies listed on the TSE’s foreign section.”

Full article here.

MacDailyNews Take: This is not bad news for Apple. The cost associated with maintaining a listing on the TSE was too high considering the low level of trading activity.

8 Comments

  1. Mike

    I will assume that you’re not an ill-informed racist; rather you’re just plain ill-informed.

    Japs is an offensive term. My wife is Japanese and so are some of my friends and co-workers. These Japanese are regular people just like the rest of us. Please don’t use such words as ‘Japs’ in a public forum.

    The delisting of Apple stock from the TSE has nothing to do with the popularity of Apple in Japan. If you read the article, you’d have noted that only thirty companies remain in the foreign section. Japanese are not into buying stocks like Americans are. If they do buy stock, like Americans, they like to buy from their own companies.

    If you’re a regular reader of MDN or other Mac news websites, you’ll have read that 5000 people lined up at the Apple Ginza Store in Tokyo on its opening day. Japanese are on the ‘Apple bandwagon’.

    Mike, if all you can post are offensive questions, please don’t bother posting. Otherwise, clean up your language, show some respect, and post your questions.

    Have a nice day.
    Lee

  2. Perhaps mike meant to say JAPs, or ‘Jewish-American Princesses’… But what that would have to do with Apple delisting on the Tokyo stock exchange is outside my scope of comprehension.

    That exchange is sort of boring to follow anyway; nobody ever buys or sells anything!!

  3. Lee take it easy. Christ he didn’t mean anything buy saying the word ‘japs’. Japs is just short for Japanese. Dam if you called me a ‘Americ’ (short for American) i wouldn’t cry over it like you. God.. talking about being sensitive.

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