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Amvis Clarifies Relationship With Controlling Shareholder IDEA Capital and Safeguards for Minority Investors

Story Highlights
  • Amvis disclosed IDEA Capital as its controlling shareholder with 52.97 percent voting rights.
  • Company outlines strict governance and committee oversight to protect minority shareholders in any dealings with controlling shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Amvis Clarifies Relationship With Controlling Shareholder IDEA Capital and Safeguards for Minority Investors

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Amvis Holdings.Inc. ( (JP:7071) ) has provided an announcement.

Amvis Holdings, Inc. disclosed that IDEA Capital holds 52.97% of its voting rights, formally identifying it as a controlling shareholder other than a parent company, and clarified that there are currently no significant transactions with this controlling shareholder. The company emphasized a governance policy that, in principle, avoids transactions with controlling shareholders, but where such dealings are necessary, they are subject to Board approval, arm’s-length conditions, and review by a special committee composed of outside directors and outside Audit & Supervisory Board members to protect minority shareholder interests and ensure fairness.

The most recent analyst rating on (JP:7071) stock is a Hold with a Yen510.00 price target. To see the full list of analyst forecasts on Amvis Holdings.Inc. stock, see the JP:7071 Stock Forecast page.

More about Amvis Holdings.Inc.

Amvis Holdings, Inc., listed on the Tokyo Stock Exchange Prime (securities code 7071) and headquartered in Chuo-ku, Tokyo, operates in Japan’s healthcare-related services sector, with a corporate governance structure that includes a controlling shareholder, IDEA Capital, and a board and audit framework featuring outside directors and outside Audit & Supervisory Board members.

Average Trading Volume: 1,102,788

Technical Sentiment Signal: Sell

Current Market Cap: Yen43.85B

For an in-depth examination of 7071 stock, go to TipRanks’ Overview page.

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