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Hitachi is working with Joshin Electric and Tobu to utilize the biometric authentication service "SAKULaLa" to prevent fraud during product purchases.
On the 17th, Hitachi Ltd Sponsored ADR <6501.T> announced that it has started initiatives to address social issues such as bridging the digital divide through the development of user-friendly digital services for a wide range of generations in collaboration with Joshin Denki <8173.T> and Tobu Railroads <9001.T>, leveraging the biometric authentication service "SAKULaLa (SakuraRa)". Specifically, as the first major electronics retailer, Joshin Denki's stores (located in Osaka Prefecture) will implement measures to prevent unauthorized purchases of limited-edition products.
The company has decided to discontinue its takeover defense measures and will abolish them after the shareholder meeting.
On the 14th, Shin Denki Co., Ltd. <8173> announced that it has decided to abolish its policy on large-scale purchase actions regarding the company's Stocks (anti-takeover measures) at the conclusion of the 77th annual general meeting of Shareholders, which is scheduled to be held in late June 2025. This policy was introduced at the 59th annual general meeting of Shareholders held on June 22, 2007, and has undergone several revisions since then, with its continuation being resolved at the 74th annual general meeting of Shareholders held on June 24, 2022. Since its introduction, the company has steadily progressed with its medium-term management plan.
Joshin Denki Announces Strategic Amendments to Articles of Incorporation
Joshin Denki to Abolish Anti-Takeover Measures
List of conversion stocks (Part 6) [Parabolic signal conversion stock list]
○ List of Stocks Transitioning to Sell Market Code Company Name Closing Price SAR Main Board <8043> Starzen 938 958 <8051> Yamazen 13431397 <8053> Sumitomo Corp 35363696 <8065> Sato Shoji 15291595 <8074> Yuasa Trading 46804815 <8078> Hanwa Co. 50605360 <8084> Ryoden 26082646 <8088> Iwaya Sangyo 1
Japanese stock buybacks this week (3/24~3/28)
――――3/24――――$Bookoff Group Holdings(9278.JP)$ will buy back up to 2.4 million shares, 12.14% of its outstanding shares (excluding its own shares), for an amount of JPY¥ 3.48 billion.$DTS(9682.JP)$