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MEDIA DO Co., Ltd. ( (JP:3678) ) has shared an update.
MEDIA DO Co., Ltd. has established an Independent Committee after major shareholder Hikari Tsushin and its joint holders disclosed that their stake exceeded 20% of the company’s shares, prompting the board to treat this as a large-scale share accumulation requiring formal procedures. To safeguard corporate value and the common interests of shareholders, MEDIA DO’s board adopted a Fundamental Policy on Corporate Control and a Response Policy governing large-scale purchase activities, and set up an Independent Committee made up of two outside directors and one outside Audit & Supervisory Board member, all independent from executive management, to ensure fairness and objectivity in how any such takeover-related measures are evaluated and implemented, with the company pledging timely disclosure of the committee’s recommendations and opinions.
The most recent analyst rating on (JP:3678) stock is a Buy with a Yen1909.00 price target. To see the full list of analyst forecasts on MEDIA DO Co., Ltd. stock, see the JP:3678 Stock Forecast page.
More about MEDIA DO Co., Ltd.
MEDIA DO Co., Ltd., listed on the Tokyo Stock Exchange Prime Market, operates in the digital content and publishing solutions industry, focusing on the distribution and management of e-books and related digital media for publishers, retailers, and other content stakeholders in Japan and abroad.
Average Trading Volume: 51,065
Technical Sentiment Signal: Hold
Current Market Cap: Yen27.62B
For an in-depth examination of 3678 stock, go to TipRanks’ Overview page.