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Hochiki Corporation ( (JP:6745) ) has shared an announcement.
Hochiki Corporation announced changes in its relationship with its largest shareholder, ALSOK, which holds 17.50% of its voting rights. Despite ALSOK’s significant shareholding, Hochiki maintains operational independence, with business transactions negotiated annually based on market prices. The announcement also included a change in directorship, with an executive officer from ALSOK appointed to enhance corporate governance.
More about Hochiki Corporation
Hochiki Corporation operates in the safety and security industry, focusing on the development and sale of fire alarm systems and security systems. The company collaborates closely with SOHGO SECURITY SERVICES CO., LTD. (ALSOK), which is its largest shareholder, to enhance its offerings in disaster prevention and security services.
Average Trading Volume: 70,877
Technical Sentiment Signal: Buy
Current Market Cap: Yen75.23B
Learn more about 6745 stock on TipRanks’ Stock Analysis page.