Brief: Rizap Group Inc To Overhaul Its Governance - Nikkei

RIZAP

27/12/2018 21:28

Dec 28 (Reuters) - Nikkei: 
    * RIZAP GROUP INC WILL OVERHAUL ITS GOVERNANCE AFTER SERIES
OF
ACQUISITIONS HAVE LEFT THE COMPANY FACING A NET LOSS - NIKKEI
    * NEW MANAGEMENT OF RIZAP GROUP WILL SHED SUBSIDIARIES THAT
NO
LONGER FIT RIZAP'S VISION AND BOOST EARNINGS AT REMAINING ONES -
NIKKEI
    * RIZAP TO ADOPT EXECUTIVE OFFICER SYSTEM OF GOVERNANCE &
SAYS NEW
BOARD COMPOSITION WILL BE TEMPORARY UNTIL MORE OUTSIDERS CAN BE
RECRUITED - NIKKEI
    * RIZAP GROUP HAS FORECAST 7 BILLION YEN NET LOSS FOR FISCAL
YEAR
ENDING MARCH 2019 - NIKKEI

Source: (https://s.nikkei.com/2CCDc3W) 
Further company coverage:  2928.SP 

 ((Reuters.Briefs@thomsonreuters.com;))