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Japan Eyewear Holdings Addresses Insider Trading Violation and Implements Preventive Measures

Story Highlights
  • JEH confirmed an insider trading violation by an officer acquiring shares with undisclosed facts.
  • JEH plans enhanced training and executive pay cuts to prevent future violations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Japan Eyewear Holdings Co.,Ltd. ( (JP:5889) ) has shared an update.

Japan Eyewear Holdings Co., Ltd. (JEH) has addressed a recent insider trading violation involving an officer who acquired shares with undisclosed material facts. An independent investigation confirmed the violation of insider trading regulations and JEH’s internal rules. To prevent recurrence, JEH plans to enhance training on insider trading regulations and internal rules. Additionally, the company will reduce the remuneration of top executives and has accepted the resignation of the involved officer, aiming to strengthen compliance and governance.

More about Japan Eyewear Holdings Co.,Ltd.

Japan Eyewear Holdings Co., Ltd. operates in the eyewear industry, focusing on the production and distribution of eyewear products. The company is listed on the Tokyo Stock Exchange and is involved in the standard market segment.

YTD Price Performance: 0.86%

Average Trading Volume: 213,212

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen57.87B

For a thorough assessment of 5889 stock, go to TipRanks’ Stock Analysis page.

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