Equity1723NIHON DENGI CO.,LTD.
Nihon Dengi Plans to Reduce Policy Holdings Ratio Below 10%
TOKYO, Jul 24 (Pulse News Wire) – Nihon Dengi CO.,LTD. (1723.T) announced on July 24 that its board of directors had approved a policy to reduce the ratio of policy holdings to consolidated net assets below 10% by fiscal 2030 (March 2031).
The company stated that this move aims to enhance capital efficiency and support sustainable growth and long-term enterprise value improvement. Funds generated from the reduction will be used for investment in business growth and enhancing shareholder returns.
Looking ahead, NIHON DENGI plans to proceed with the strategy while maintaining good relationships with trading partners. The company intends to engage in detailed discussions with issuers of targeted shares to ensure understanding of its policies.
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