Matsushita Electric Industrial Co., TDK Corp. and other Japanese blue chips are delisting from European stock exchanges due to low trading volume of their shares and deepening financial integration in Europe.
Matsushita said in late November it will leave the Euronext Paris Stock Exchange and the Duesseldorf Stock Exchange in Germany around April in a reassessment of its global listing structure.
The move followed the delisting of TDK from the Frankfurt Stock Exchange, the Euronext Paris, the Euronext Amsterdam Stock Exchange and the Zurich Stock Exchange.