Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Aichi Tokei Denki Co., Ltd. ( (JP:7723) ) has provided an update.
Aichi Tokei Denki Co., Ltd.’s Board of Directors has decided to oppose a shareholder proposal presented for the upcoming Annual General Meeting. The proposal includes agenda items like appropriation of surplus and amendments to the Articles of Incorporation related to cross-shareholdings. The Board argues that shareholder returns should align with the company’s medium to long-term business and financial strategies. The company’s Medium-Term Management Plan 2026 outlines significant investments in smart meter production and global expansion, with a focus on increasing efficiency and productivity to support future growth.
More about Aichi Tokei Denki Co., Ltd.
Aichi Tokei Denki Co., Ltd. operates in the measurement device industry, focusing on products such as smart meters and data delivery services. The company is expanding its market presence globally, particularly in North America, and is committed to sustainable growth through strategic investments.
Average Trading Volume: 19,681
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen31.68B
For a thorough assessment of 7723 stock, go to TipRanks’ Stock Analysis page.