SECOM Board Opposes Shareholder Proposal on Management Amendments

Secom Co ( (JP:9735) ) has issued an announcement.

SECOM Co., Ltd.’s Board of Directors has decided to oppose a shareholder proposal from LONGCHAMP SICAV to amend the Articles of Incorporation to include management actions conscious of cost of capital and stock price. The Board believes that SECOM’s existing strategies, including the SECOM Group Road Map 2027, already address these concerns and that such provisions should remain flexible to adapt to changing market conditions. The company aims to enhance corporate value and shareholder returns through strategic initiatives and financial measures.

The most recent analyst rating on (JP:9735) stock is a Hold with a Yen11000.00 price target. To see the full list of analyst forecasts on Secom Co stock, see the JP:9735 Stock Forecast page.

More about Secom Co

SECOM Co., Ltd. operates in the security services industry, providing innovative security-focused services and solutions. The company is focused on strengthening its overseas operations, enhancing productivity, and integrating management and sustainability strategies to remain a preferred choice for stakeholders.

Average Trading Volume: 1,082,958

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen2386.7B

See more data about 9735 stock on TipRanks’ Stock Analysis page.