Topcon stock remains delisted after the tender offer

Published on 10/07/2026 at 06:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Topcon stock remains delisted after its December 2, 2025 removal from the Tokyo Stock Exchange. Fiscal 2025 revenue fell 5.49 percent to USD 1.41685 billion.

Topcon, JP3567000009, Illustration mit AI erstellt.

Topcon Corporation stock remains delisted after the shares left the Tokyo Stock Exchange on December 2, 2025, under a tender offer and squeeze-out process. The company continues as a private business, while its last reported financial figures show a weaker earnings base before the transaction.

Delisting ends the public market chapter

Topcon states that its shares were delisted effective December 2, 2025. The investor-relations page also lists a December 1, 2025 notice regarding the delisting and a November 12, 2025 release covering the share-consolidation process.

KKR said the tender offer for Topcon common shares and stock acquisition rights was completed on September 10, 2025, after the buyout process led by KKR and JIC Capital. The transaction removed the listed equity from the normal Tokyo trading framework rather than creating a new listed security.

Revenue and profit weakened in 2025

For fiscal year 2025, finanzen.at lists revenue of USD 1.41685 billion, down 5.49 percent from USD 1.49915 billion in fiscal year 2024. The same table shows operating profit of USD 57.90 million, a decline of 25.38 percent from USD 77.59 million.

Net income fell 91.98 percent to USD 2.74 million in fiscal year 2025 from USD 34.21 million one year earlier, while reported earnings per share declined to USD 0.03 from USD 0.32, according to finanzen.at. These figures are historical operating context, not a current exchange quotation.

Operations continue beyond the listing

Topcon's operating businesses remain centered on precision measurement and workflow solutions for construction, geospatial and agriculture markets. GIM International identifies Topcon Corporation as founded in 1932 and records the former Tokyo Stock Exchange code as 7732.

The investor takeaway is structural: Topcon's listed equity ended on December 2, 2025, while the latest available fiscal-year figures point to falling revenue, operating profit and net income before privatization. The company therefore belongs in a corporate-status discussion rather than a live share-price comparison.

Topcon stock has delisted status

Topcon stock has no current primary-exchange price in this article because the shares were delisted on December 2, 2025. The relevant market event is the completed privatization, with fiscal year 2025 revenue of USD 1.41685 billion and net income of USD 2.74 million providing the latest quantified operating context.