Nihon M&A Center (TYO:2127) established a special committee to investigate interim dividends paid in December 2024 and December 2025 that exceeded distributable amounts permitted under Japan's Companies Act.
A report is expected by the end of October, according to a Thursday filing with the Tokyo bourse.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.