Company Encyclopedia
View More
name
Proto Corp.
4298.JP
News
View More

Proto Corp. Granted Appeal on Share Consolidation Injunction

Proto Corp. has received a favorable ruling from the Nagoya High Court, allowing it to appeal to the Supreme Court regarding a provisional injunction related to its share consolidation process. This legal action was initiated by Kaname Capital, L.P., a shareholder dissatisfied with the consolidation. The ruling may affect Proto Corp.'s shareholder structure and market positioning. Current market cap is Yen84.09B with an average trading volume of 111,488 shares.

Tip Ranks·
4298
0.00%
Tip Ranks·
4298
0.00%

Proto Corp. to Partially Return Executive Pay

Proto Corp. (JP:4298) has announced a partial return of executive pay following an investigation into company practices. Key directors, including the Chairman and President, will temporarily reduce their salaries to address shareholder concerns and maintain accountability. This decision reflects the company's commitment to transparency and responsibility.

Tip Ranks·
4298
0.00%
Tip Ranks·
4298
0.00%

Proto Corp. Revises Financial Reports Amid Transaction Probe

Proto Corp. (JP:4298) has revised its financial reports for previous fiscal years due to an investigation into false transactions by a former employee. The company submitted corrected securities and quarterly reports, showing slight adjustments in financial figures. These changes, while minor, reflect Proto Corp.'s commitment to transparency and accuracy in financial disclosures.

Tip Ranks·
4298
0.00%
Tip Ranks·
4298
0.00%