TSE:2327IT
NS Solutions (TSE:2327) Valuation Check After Board Rejects Governance Proposals On Parent Deposit Practices
NS Solutions (TSE:2327) is back in focus after its board rejected shareholder proposals targeting cash deposits with parent Nippon Steel and confirmed a separate meeting to decide dividends from surplus.
See our latest analysis for NS Solutions.
The board’s pushback against governance changes and its plan to decide dividends comes as the stock trades at ¥3,576, with the share price down 18.32% year to date but the 5 year total shareholder return up 141.59%. This suggests long term holders...