Flashlight Capital Calls for Overhaul of SECOM's Overseas Strategy

SINGAPORE–(BUSINESS WIRE)–Flashlight Capital Partners Pte. Ltd. (“Flashlight Capital”), a shareholder of SECOM CO., LTD. (TOKYO: 9735) (“SECOM” or the “Company”), today released a letter to SECOM’s Board calling for an overhaul of its overseas strategy. SECOM’s May 2023 roadmap targets overseas revenue of 10% of sales by March 2028. With 18 months remaining, overseas revenue stands at just 5.4%, barely above 5.3% three years ago. “It seems SECOM wants shareholders to forget about its previous

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.