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TOMOE ENGINEERING CO LTD (TOMOE KOGYO CO LTD) ( (JP:6309) ) just unveiled an announcement.
Tomoe Engineering’s board has resolved to continue its existing takeover defense measures against large-scale purchases of its shares, with minor modifications, subject to shareholder approval at the 96th Annual Shareholders Meeting in January 2026. The plan, unanimously endorsed by the board including outside directors, is designed to ensure that any party seeking to control the company’s financial and business policies must disclose sufficient information, undergo evaluation by the board, and allow shareholders ample time to consider the merits and risks of such a bid; the company emphasizes that ultimate decisions on takeover offers should rest with shareholders, and it will only take countermeasures against acquisitions deemed harmful to corporate value and the common interests of investors.
More about TOMOE ENGINEERING CO LTD (TOMOE KOGYO CO LTD)
Tomoe Engineering Co., Ltd. (Tomoe Kogyo) is a Japan-based industrial manufacturer listed on the Tokyo Stock Exchange Prime Market, operating in the engineering and equipment sector. The company focuses on technologies and solutions that require stable governance and long-term capital, emphasizing the maintenance and enhancement of corporate value and shareholder interests over the medium to long term.
Average Trading Volume: 177,434
Technical Sentiment Signal: Buy
Current Market Cap: Yen50.94B
For detailed information about 6309 stock, go to TipRanks’ Stock Analysis page.