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An announcement from TAKAOKA TOKO CO., LTD. ( (JP:6617) ) is now available.
TAKAOKA TOKO CO., LTD. has received a request from a shareholder to file a legal action against six former directors for allegedly breaching their duty of care by omitting critical tests without customer consultation, as reported in a 2017 compliance inspection. The company is currently investigating the request and will decide on the potential legal action, with a claim for damages amounting to JPY 2.55 billion plus interest.
More about TAKAOKA TOKO CO., LTD.
TAKAOKA TOKO CO., LTD. operates in the electrical equipment industry, focusing on manufacturing and testing operations related to commercial frequency withstand voltage tests and switching tests for disconnectors.
Average Trading Volume: 51,069
Technical Sentiment Signal: Buy
Current Market Cap: Yen36.66B
For a thorough assessment of 6617 stock, go to TipRanks’ Stock Analysis page.