Hogy Medical’s Board Opposes Shareholder Proposal on Director Elections

An update from Hogy Medical Co ( (JP:3593) ) is now available.

Hogy Medical Co., Ltd.’s Board of Directors has decided to oppose a shareholder proposal from Nippon Active Value Fund plc regarding the election of three directors at the upcoming Annual General Meeting. The Board believes that its current composition, which includes a Nomination Committee to ensure independence and accountability, is optimal for implementing its medium-term management plan aimed at sustainable growth and enhanced corporate governance.

The most recent analyst rating on (JP:3593) stock is a Hold with a Yen3700.00 price target. To see the full list of analyst forecasts on Hogy Medical Co stock, see the JP:3593 Stock Forecast page.

More about Hogy Medical Co

Hogy Medical Co., Ltd. operates within the healthcare industry, focusing on providing innovative solutions to advance healthcare in Japan and the ASEAN region. The company is committed to creating value from a customer-oriented perspective and is undergoing structural reforms to enhance its management foundation.

Average Trading Volume: 63,000

Technical Sentiment Signal: Hold

Current Market Cap: Yen58.77B

See more data about 3593 stock on TipRanks’ Stock Analysis page.