Research
SBI Securities Downgrades TV Asahi Holdings to Neutral from Buy; Price Target is 3,650 Yen
TYO:9409
2 stories mentioning TYO:9409Updated 9d ago
Every FINWIRES story that references TYO:9409, newest first.
TV Asahi Holdings (TYO:9409) said foreign shareholders held 19.99% of voting rights as of March 31, just below the 20% threshold under Japan's Broadcasting Act, according to a Thursday filing on the Tokyo Stock Exchange.The company said it is required to disclose the figure as it exceeds 15%, with certification as a broadcasting holding company subject to revocation if foreign ownership reaches or surpasses 20%.