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Ichibanya Co., Ltd. ( (JP:7630) ) has issued an update.
Ichibanya Co., Ltd. has announced its relationship with its parent company, House Foods Group Inc., which holds a 51% voting rights stake. Despite this ownership, Ichibanya operates independently, with House Foods respecting its management autonomy. The company ensures fair treatment of minority shareholders by applying standard terms to transactions with the parent company and involving independent directors in significant decisions.
More about Ichibanya Co., Ltd.
Ichibanya Co., Ltd. operates within the restaurant industry and is part of the House Foods Group. It is primarily known for its restaurant business and is positioned within a larger corporate group that includes House Foods Group Inc., 48 consolidated subsidiaries, and 5 affiliates. The company maintains management autonomy despite being majority-owned by its parent company, House Foods Group Inc.
Average Trading Volume: 287,288
Technical Sentiment Signal: Sell
Current Market Cap: Yen145.6B
Learn more about 7630 stock on TipRanks’ Stock Analysis page.