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Shima Seiki Mfg ( (JP:6222) ) has provided an announcement.
Shima Seiki Mfg., Ltd. has announced the continuation of its executive compensation reduction strategy, which began in October 2024, due to ongoing cautious business conditions despite signs of recovery. The company has resolved to maintain these reductions, including voluntary returns from directors, to ensure financial stability and operational prudence, impacting executive officers and directors until March 2026.
More about Shima Seiki Mfg
Shima Seiki Mfg., Ltd. operates in the manufacturing industry, focusing on producing advanced knitting machinery and related technologies. The company is known for its innovative solutions in the textile and apparel sectors, catering to a global market.
Average Trading Volume: 150,121
Current Market Cap: Yen35.31B
See more data about 6222 stock on TipRanks’ Stock Analysis page.