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Furuya Metal Co., Ltd. Clarifies Relationship with Tanaka Precious Metal Affiliates

Story Highlights
  • Furuya Metal Co., Ltd. is closely aligned with Tanaka Precious Metal Technologies for procurement.
  • The company ensures fair transactions with Tanaka, safeguarding minority shareholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Furuya Metal Co., Ltd. Clarifies Relationship with Tanaka Precious Metal Affiliates

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Furuya Metal Co., Ltd. ( (JP:7826) ) has provided an announcement.

Furuya Metal Co., Ltd. has announced its relationship with Tanaka Precious Metal Technologies Co., Ltd. and its affiliates, highlighting the significant influence these entities have due to their substantial voting rights. The company emphasizes that its transactions with Tanaka are conducted fairly and in accordance with market prices, ensuring no adverse impact on minority shareholders. There are no planned changes in the company’s position within the corporate group, maintaining stability in its operations and relationships.

The most recent analyst rating on (JP:7826) stock is a Buy with a Yen2714.00 price target. To see the full list of analyst forecasts on Furuya Metal Co., Ltd. stock, see the JP:7826 Stock Forecast page.

More about Furuya Metal Co., Ltd.

Furuya Metal Co., Ltd. operates in the precious metals industry, focusing on the manufacture and sale of precious metal products. The company is strategically aligned with Tanaka Precious Metal Technologies Co., Ltd., which serves as a primary supplier, leveraging its global procurement channels for efficient operations.

Average Trading Volume: 299,744

Technical Sentiment Signal: Buy

Current Market Cap: Yen73.49B

Learn more about 7826 stock on TipRanks’ Stock Analysis page.

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