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Nippon Road Co., Ltd. Highlights Independence and Synergies with Parent Company

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The latest announcement is out from NIPPON ROAD CO., LTD. ( (JP:1884) ).

Nippon Road Co., Ltd. announced its relationship with its parent company, Shimizu Corporation, highlighting the benefits of strengthened capital ties, such as enhanced business competitiveness and resource utilization. Despite being a subsidiary, Nippon Road maintains a degree of independence in its operations, with most transactions conducted with entities outside of Shimizu’s influence, ensuring autonomy in management decisions.

More about NIPPON ROAD CO., LTD.

Nippon Road Co., Ltd. operates in the construction industry, focusing on road and exterior paving works related to general civil engineering. The company is a subsidiary of Shimizu Corporation, which holds a majority of its voting rights.

Average Trading Volume: 62,580

Technical Sentiment Signal: Buy

Current Market Cap: Yen92.65B

For an in-depth examination of 1884 stock, go to TipRanks’ Stock Analysis page.

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