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CHUDENKO CORPORATION’s Strategic Position within the Chugoku Electric Power Group

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CHUDENKO CORPORATION’s Strategic Position within the Chugoku Electric Power Group

Confident Investing Starts Here:

An announcement from CHUDENKO ( (JP:1941) ) is now available.

CHUDENKO CORPORATION, as part of the Chugoku Electric Power Group, maintains a business relationship with the Chugoku Electric Power Co., Inc., which holds 40.49% of its voting rights. The company secures contracts for electrical work from Chugoku Electric Power Co., Inc. and its subsidiary, accounting for 23.1% of its net sales. Despite the close ties, CHUDENKO asserts its business independence, with shared directors and seconded employees from the parent company. This relationship impacts its operational dynamics and market positioning.

More about CHUDENKO

CHUDENKO CORPORATION operates within the electrical construction industry, providing electrical work services. It is affiliated with the Chugoku Electric Power Co., Inc., which holds a significant portion of its voting rights and contributes to a substantial part of its net sales.

Average Trading Volume: 77,363

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen187.5B

For a thorough assessment of 1941 stock, go to TipRanks’ Stock Analysis page.

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