On June 9, 2024, Palliser Capital announced that independent proxy advisory firm Glass Lewis recommended the shareholders of Keisei Electric Railway Co Ltd to vote for its proposal required the Company to establish a capital allocation plan and partially reduce its shareholding in Oriental Land Co., Ltd to less than 15% in just under 2 years. In addition, Palliser Capital stated that if its proposal adopted, it would help the Company position itself as a leader in the Japanese market and drive positive Tokyo Stock Exchange -aligned changes, and Palliser Capital mentioned that it appreciates the support of Glass Lewis and look forward to the general meeting, which will serve as an important forum for shareholders to express their views to management.
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5-day change | 1st Jan Change | ||
5,186 JPY | -0.75% | +0.41% | -22.18% |
06-20 | Japan's Nikkei falls as heavyweight stocks track European stocks | RE |
06-13 | Keisei Electric Railway Co., Ltd. agreed to acquire remaining 43.54% stake in Kanto Railway Co., Ltd. | CI |
EPS Revisions
1st Jan change | Capi. | |
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-22.18% | 5.29B | |
-4.30% | 21.03B | |
+11.69% | 9.48B | |
+0.99% | 8.87B | |
-5.57% | 6.3B | |
+13.29% | 4.16B | |
-21.71% | 4.1B | |
-28.01% | 3.51B | |
-28.60% | 3.48B | |
-16.38% | 2.8B |
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