Japan Airlines Opposes Shareholder Proposal on Governance Amendments

An update from Japan Airlines Co ( (JP:9201) ) is now available.

Japan Airlines Co., Ltd. has announced its opposition to a shareholder proposal from LIM Japan Event Master Fund, which seeks amendments to the Articles of Incorporation regarding the prohibition of the ‘revolving door’ practice and the disclosure of joint ownership. The Board of Directors argues that such amendments could impede the company’s ability to make timely management decisions and maintain corporate value. The company emphasizes its commitment to transparent governance and compliance with relevant laws and regulations, ensuring that its operations align with the interests of stakeholders and minority shareholders.

The most recent analyst rating on (JP:9201) stock is a Buy with a Yen3400.00 price target. To see the full list of analyst forecasts on Japan Airlines Co stock, see the JP:9201 Stock Forecast page.

More about Japan Airlines Co

Japan Airlines Co., Ltd. is a major player in the airline industry, primarily offering air transportation services. The company is listed on the Tokyo Stock Exchange and focuses on enhancing corporate value through strategic governance and compliance with regulations.

Average Trading Volume: 2,492,452

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1218.4B

See more insights into 9201 stock on TipRanks’ Stock Analysis page.