Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Teijin ( (JP:3401) ) has provided an update.
Teijin Limited has announced a proposal to amend its Articles of Incorporation to transition from a company with a Board of Statutory Auditors to one with an Audit and Supervisory Committee. This move aims to strengthen corporate governance by establishing new provisions related to the Audit and Supervisory Committee and allowing greater delegation of decision-making to directors. The changes are expected to enhance operational efficiency and align with modern governance practices, potentially impacting stakeholders by improving oversight and accountability.
More about Teijin
Teijin Limited operates in the advanced materials industry, focusing on products such as high-performance fibers, resins, films, and healthcare solutions. The company is known for its innovative approach and commitment to enhancing corporate governance.
YTD Price Performance: -8.33%
Average Trading Volume: 700,305
Technical Sentiment Signal: Sell
Current Market Cap: Yen231.4B
See more insights into 3401 stock on TipRanks’ Stock Analysis page.