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Sanden Corporation Announces Early Retirement Program and Executive Pay Cuts

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SANDEN HOLDINGS ( (JP:6444) ) has provided an announcement.

Sanden Corporation has announced a voluntary early retirement program and executive compensation reductions as part of its structural reform measures to enhance business competitiveness amidst changing market conditions. The company anticipates a special loss due to retirement allowances but will provide outplacement support to affected employees, with further financial details to be confirmed.

More about SANDEN HOLDINGS

Sanden Corporation is a prominent player in the integrated thermal management systems industry, focusing on sustainable growth through key initiatives outlined in its mid-term management plan, SHIFT 2028.

Average Trading Volume: 389,791

Technical Sentiment Signal: Sell

Current Market Cap: Yen13.71B

For an in-depth examination of 6444 stock, go to TipRanks’ Stock Analysis page.

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