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Aisan Industry Co., Ltd. ( (JP:7283) ) has issued an update.
Aisan Industry Co., Ltd. announced that Toyota Motor Corporation holds 28.98% of its voting rights, categorizing it as an affiliate. Despite this significant stake, Aisan maintains operational independence, conducting its own research, development, and sales activities. The company benefits from its relationship with Toyota, which contributes to 47% of its sales, yet it operates without restrictions from Toyota, ensuring its ability to negotiate and conduct business autonomously.
More about Aisan Industry Co., Ltd.
Aisan Industry Co., Ltd. operates in the automotive industry, primarily focusing on the production and sale of automobile parts. The company is listed on the Tokyo and Nagoya Stock Exchanges and has a significant business relationship with Toyota Motor Corporation, which accounts for a substantial portion of its sales.
YTD Price Performance: 17.24%
Average Trading Volume: 215,776
Technical Sentiment Signal: Sell
Current Market Cap: Yen124.3B
For detailed information about 7283 stock, go to TipRanks’ Stock Analysis page.