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Fujitec Wins Legal Battle Over Shareholder Resolutions

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Fujitec Wins Legal Battle Over Shareholder Resolutions

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Fujitec Co., Ltd. ( (JP:6406) ) has issued an update.

Fujitec Co., Ltd. announced that the Otsu District Court has finalized a judgment in favor of the company regarding a lawsuit filed by Uchiyama International Co., Ltd., a shareholder, which sought to revoke resolutions from the 76th Annual General Meeting of Shareholders. The court upheld Fujitec’s actions as lawful and appropriate, dismissing the claims made by the plaintiff. This judgment, which has become final and binding, will not affect the company’s business results.

More about Fujitec Co., Ltd.

Average Trading Volume: 181,814

Technical Sentiment Signal: Buy

Current Market Cap: Yen466.3B

Find detailed analytics on 6406 stock on TipRanks’ Stock Analysis page.

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