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An update from IR Japan Holdings Ltd. ( (JP:6035) ) is now available.
IR Japan Holdings Ltd. announced a favorable verdict in a lawsuit filed against its subsidiary, IR Japan, Inc., by Asia Development Capital Co., Ltd. and Asia Investment Fund Co., Ltd. The Tokyo District Court dismissed all claims against the subsidiary, ruling that the subsidiary did not receive confidential information from the plaintiffs, thus nullifying the alleged duties of care. This outcome supports the company’s stance and is expected to have no impact on its business performance.
More about IR Japan Holdings Ltd.
IR Japan Holdings Ltd. operates in the financial services industry, focusing on investor relations and corporate governance consulting. The company provides strategic advisory services to enhance shareholder value and improve corporate management practices.
Average Trading Volume: 125,963
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen11.72B
See more insights into 6035 stock on TipRanks’ Stock Analysis page.