Hibiki Path Advisors sent a letter to PARAMOUNT BED HOLDINGS CO., LTD. (“PARAMOUNT”) on April 25, proposing 3 measures to improve the company’s valuation from the market.

Hibiki will keep carrying out our supportive engagement as a long-term shareholder of PARAMOUNT.

This letter does not constitute a solicitation to subscribe for, or a recommendation to buy or sell, any specific securities, nor does it constitute investment, legal, tax, accounting, or any other advice of any kind.

Letter to PARAMOUNT BED HOLDINGS CO., LTD. PR TIMES press release (only in Japanese)