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Kumagai Gumi Co. Announces Amendments to Enhance Governance and Flexibility

Story Highlights
  • Kumagai Gumi plans to enhance governance by transitioning to an Audit & Supervisory Committee.
  • The company aims to increase dividend payments and flexibility in capital policies.
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Kumagai Gumi Co. Announces Amendments to Enhance Governance and Flexibility

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Kumagai Gumi Co ( (JP:1861) ) has shared an announcement.

Kumagai Gumi Co., Ltd. has announced plans to amend its Articles of Incorporation to enhance corporate governance and operational flexibility. The proposed changes include transitioning from an Audit & Supervisory Board to an Audit & Supervisory Committee to strengthen oversight and governance, and allowing the Board of Directors more flexibility in capital and dividend policies, including increasing dividend payments to twice a year.

More about Kumagai Gumi Co

Kumagai Gumi Co., Ltd. operates in the construction industry, focusing on business activities that contribute to society. It is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 173,822

Technical Sentiment Signal: Buy

Current Market Cap: Yen184.8B

For detailed information about 1861 stock, go to TipRanks’ Stock Analysis page.

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