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G-Tekt Corporation ( (JP:5970) ) has shared an announcement.
G-Tekt Corporation has announced its relationship with Honda Motor Co., Ltd., highlighting its role within Honda’s four-wheeled vehicle business as a manufacturer of automotive body frame parts. The company maintains a close capital and business relationship with Honda but retains operational independence. The announcement details transactions with Honda, including sales of products and purchases of raw materials, emphasizing economic rationality and market-based pricing in these dealings.
More about G-Tekt Corporation
G-Tekt Corporation operates within the automotive industry, primarily focusing on the manufacture of automotive body frame parts. The company is part of the Honda Motor Co., Ltd. group’s four-wheeled vehicle business, engaging in the design, development, and manufacturing of vehicle parts, while maintaining a degree of independence in its operations.
Average Trading Volume: 176,259
Technical Sentiment Signal: Hold
Current Market Cap: Yen69.49B
For an in-depth examination of 5970 stock, go to TipRanks’ Stock Analysis page.