Kokusai Electric Shares Drop as KKR Offloads Its Entire Stake

Kokusai Electric Corp.'s shares drop as KKR & Co. offloads its entire stake, aiming to raise ¥111 billion from an initial public offering, potentially Japan's largest listing in five years. Kokusai Electric is a technology and manufacturing company based in Toyama, Japan. The move could significantly impact the company's financial standings.