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An announcement from SHIKOKU KASEI HOLDINGS CORPORATION ( (JP:4099) ) is now available.
SHIKOKU KASEI HOLDINGS CORPORATION announced that it will abolish its takeover defense measures against large-scale acquisitions of its shares when the measures’ effective period expires at the close of its 106th Annual General Meeting of Shareholders on March 26, 2026. The board has determined, after reviewing changes in its business environment, evolving market practice around takeover defenses, and feedback from shareholders, that it will discontinue these countermeasures and simultaneously seek shareholder approval to delete the related provisions (Chapter 8, Articles 42 and 43) from its Articles of Incorporation. Even without a formal poison-pill framework, the company states it will still respond to any potentially harmful large-scale share purchases by seeking sufficient time and information for shareholders to assess such offers and by taking appropriate actions permitted under Japanese law, while giving weight to the views of its independent outside directors, signaling a shift toward more conventional market-based governance while retaining mechanisms to protect corporate value and shareholder interests.
The most recent analyst rating on (JP:4099) stock is a Buy with a Yen3409.00 price target. To see the full list of analyst forecasts on SHIKOKU KASEI HOLDINGS CORPORATION stock, see the JP:4099 Stock Forecast page.
More about SHIKOKU KASEI HOLDINGS CORPORATION
SHIKOKU KASEI HOLDINGS CORPORATION is a Japanese chemical group listed on the Tokyo Stock Exchange Prime Market, operating in the chemicals industry. The company’s portfolio and corporate governance are overseen by a board that includes independent outside directors, reflecting a structure oriented toward alignment with shareholder interests, including both domestic and foreign institutional investors.
Average Trading Volume: 109,025
Technical Sentiment Signal: Buy
Current Market Cap: Yen137.8B
Find detailed analytics on 4099 stock on TipRanks’ Stock Analysis page.