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Sinanen Holdings Maintains Independence Amid HIKARI TSUSHIN’s Significant Stake

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The latest announcement is out from SINANEN HOLDINGS CO.LTD. ( (JP:8132) ).

Sinanen Holdings Co., Ltd. has announced that HIKARI TSUSHIN, INC., classified as an other affiliate, holds 38.93% of the company’s voting rights through its subsidiaries, although it does not directly hold any voting rights. Despite this significant share, Sinanen Holdings maintains its independence in management decisions and operations, with no significant business or personnel relationships affecting its autonomy. The appointment of an Outside Director from HIKARI TSUSHIN, INC. is aimed at strengthening the management organization without compromising operational independence.

More about SINANEN HOLDINGS CO.LTD.

Average Trading Volume: 13,775

Technical Sentiment Signal: Buy

Current Market Cap: Yen64.54B

For a thorough assessment of 8132 stock, go to TipRanks’ Stock Analysis page.

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