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Kumagai Gumi Co. Transitions to Strengthen Governance

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Kumagai Gumi Co. Transitions to Strengthen Governance

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An update from Kumagai Gumi Co ( (JP:1861) ) is now available.

Kumagai Gumi Co., Ltd. has announced its decision to transition to a company with an Audit & Supervisory Committee to strengthen its corporate governance. This move is intended to enhance the supervisory function of the Board of Directors and facilitate quicker decision-making by delegating authority to individual directors. The company plans to finalize this transition at its 88th Ordinary General Meeting of Shareholders in June 2025, subject to the necessary amendments to its Articles of Incorporation.

More about Kumagai Gumi Co

Kumagai Gumi Co., Ltd. operates in the construction industry, focusing on business activities that contribute to society. The company is publicly listed on the Tokyo Stock Exchange under the Prime Market, and it aims to enhance its corporate governance as part of its management philosophy.

YTD Price Performance: -1.50%

Average Trading Volume: 1

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.05B

Learn more about 1861 stock on TipRanks’ Stock Analysis page.

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