FilingReader Intelligence
Bandai Namco ends capital alliance with People Co.
March 18, 2025 at 12:06 PM UTC•By FilingReader AI
Bandai Namco Holdings (TSE:7832) announced today the termination of its capital and business alliance agreement with People Co., Ltd., initially established in July 2005. The decision was made during a board meeting held today, March 18, 2025. As part of the dissolution, Bandai Namco will sell a portion of its People shares to the company and its board member, Masato Kiribuchi, effective March 19, 2025, ceasing People’s status as an equity-method affiliate.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:7832•Tokyo Stock Exchange
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