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Tomoe Engineering Updates Independent Committee for Takeover Defense

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Tomoe Engineering Updates Independent Committee for Takeover Defense

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An update from TOMOE ENGINEERING CO LTD (TOMOE KOGYO CO LTD) ( (JP:6309) ) is now available.

Tomoe Engineering Co., Ltd. has announced a change in its Independent Committee members as part of its takeover defense measures. The Board of Directors resolved to appoint Takako Ochi, an experienced audit and supervisory professional, as a new member, replacing Tatsuo Hasunuma. This change is aligned with the company’s strategy to bolster its defenses against large-scale purchases of its shares, potentially impacting the company’s governance and shareholder interests.

More about TOMOE ENGINEERING CO LTD (TOMOE KOGYO CO LTD)

YTD Price Performance: -0.13%

Average Trading Volume: 28,383

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen38.02B

Learn more about 6309 stock on TipRanks’ Stock Analysis page.

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