Fuji Media Holdings ( (JP:4676) ) just unveiled an announcement.
Fuji Media Holdings received a shareholder proposal from Nippon Active Value Fund regarding the election of directors, which initially included a candidate not of Japanese nationality, potentially risking the company’s certification under the Broadcast Act. The shareholder has since revised the proposal to comply with regulations, and Fuji Media Holdings will deliberate on the proposal to ensure the enhancement of corporate value while considering stakeholder input.
More about Fuji Media Holdings
Fuji Media Holdings, Inc. operates in the media and broadcasting industry, focusing on television broadcasting, production, and related services. The company is listed on the Tokyo Stock Exchange and is a certified broadcasting holding company.
YTD Price Performance: 62.97%
Average Trading Volume: 3,050
Technical Sentiment Signal: Sell
Current Market Cap: $4.9B
Learn more about 4676 stock on TipRanks’ Stock Analysis page.