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Shinsho Corp. ( (JP:8075) ) has issued an update.
Shinsho Corporation has announced its relationship with its controlling shareholder, Kobe Steel, Ltd., which holds 35.9% of its voting rights. Despite this significant stake, Shinsho maintains a degree of independence in its operations and decision-making processes. The company’s transactions with Kobe Steel are conducted under standard market conditions, and while the production and sales trends of Kobe Steel can impact Shinsho’s management, the company asserts its operational autonomy.
More about Shinsho Corp.
Shinsho Corporation operates in the trading industry, primarily dealing with the manufacture and sale of steel, aluminum, and copper products, as well as machinery. The company is part of the Kobe Steel Group, with Kobe Steel, Ltd. being its largest shareholder.
Average Trading Volume: 56,689
Technical Sentiment Signal: Hold
Current Market Cap: Yen50.92B
For a thorough assessment of 8075 stock, go to TipRanks’ Stock Analysis page.
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