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IBIDEN CO ( (JP:4062) ) has issued an update.
IBIDEN CO., LTD. has completed its FY2024 analysis and evaluation of the effectiveness of its Board of Directors, revealing an overall effectiveness with scores above 4.0 in major categories. However, the company identified areas for improvement, such as the need for detailed verification of cross-shareholdings and strengthening internal controls. Future actions include reducing cross-shareholdings by 50% by 2028 and enhancing internal audits and governance structures to ensure sustainable growth and efficient management.
More about IBIDEN CO
Average Trading Volume: 2,023,663
Technical Sentiment Signal: Sell
Current Market Cap: Yen570.3B
For a thorough assessment of 4062 stock, go to TipRanks’ Stock Analysis page.