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Avex Inc. Withholds Board Bonuses Amid Financial Loss

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Avex Inc. Withholds Board Bonuses Amid Financial Loss

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Avex Inc. ( (JP:7860) ) has provided an update.

Avex Inc. announced that its Board of Directors has decided not to pay bonuses to its board members for the fiscal year ending March 31, 2025, due to a reported loss in operating profit. This decision reflects the company’s commitment to taking responsibility for its financial performance and aligns with the recommendations of the Nomination and Compensation Committee, emphasizing accountability and transparency in its executive compensation practices.

More about Avex Inc.

Avex Inc. operates in the entertainment industry, focusing on music, video production, and digital content distribution. The company is known for its diverse range of entertainment services and products, catering to a global audience.

Average Trading Volume: 149,078

Technical Sentiment Signal: Sell

Current Market Cap: Yen58.07B

For an in-depth examination of 7860 stock, go to TipRanks’ Stock Analysis page.

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