TOKYO -- Seeking more freedom to steer its business, jewelry maker Tasaki will delist from the Tokyo Stock Exchange's first section through a management buyout. MBK Partners, a north Asia-based private equity company, has been hired to assist it.
In its consolidated projections for the year to October 2017, Tasaki is targeting 23.1 billion yen ($208 million) in revenue, up 4% from the previous year, for a net profit of 2 billion yen, up 2%.