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Toei Company Affirms Independence Amid TV Asahi Holdings Affiliation

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Toei Company, Ltd. ( (JP:9605) ) has issued an announcement.

Toei Company, Ltd. has announced its relationship with TV Asahi Holdings Corporation, highlighting a 19.7% voting rights affiliation. Despite this connection, Toei maintains operational independence, particularly in its core movie production and distribution activities. The company reassures stakeholders of its autonomy in management decisions and emphasizes its commitment to protecting minority shareholders in transactions with controlling shareholders.

The most recent analyst rating on (JP:9605) stock is a Hold with a Yen6100.00 price target. To see the full list of analyst forecasts on Toei Company, Ltd. stock, see the JP:9605 Stock Forecast page.

More about Toei Company, Ltd.

Toei Company, Ltd. operates in the entertainment industry, primarily focusing on the production and distribution of movies. It also engages in the production of television programs through transactions with TV Asahi Corporation, a wholly owned subsidiary of TV Asahi Holdings Corporation.

Average Trading Volume: 100,852

Technical Sentiment Signal: Buy

Current Market Cap: Yen356.4B

For a thorough assessment of 9605 stock, go to TipRanks’ Stock Analysis page.

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