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Hokuriku Electrical Construction Co. Strengthens Ties with Parent Company for Sustainable Growth

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Hokuriku Electrical Construction Co. Strengthens Ties with Parent Company for Sustainable Growth

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Hokuriku Electrical Construction Co ( (JP:1930) ) has provided an announcement.

Hokuriku Electrical Construction Co., Ltd. announced its strong business ties with the Hokuriku Electric Power Group, accounting for 37.2% of its total net sales. Despite being a consolidated subsidiary, the company maintains management independence and focuses on sustainable growth through strong capital relationships and shared management strategies with its parent company, aiming to enhance corporate value and respond to increasing demands in power transmission and distribution projects.

More about Hokuriku Electrical Construction Co

Hokuriku Electrical Construction Co., Ltd. operates in the electrical construction industry, primarily focusing on contracted distribution line construction and power transmission-transformation work. The company is a key player in providing a stable electricity supply and maintains a significant business relationship with the Hokuriku Electric Power Group, which influences a substantial portion of its sales.

YTD Price Performance: 19.63%

Technical Sentiment Signal: Sell

Current Market Cap: $233.8M

Find detailed analytics on 1930 stock on TipRanks’ Stock Analysis page.

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