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Japan Aviation Electronics Affirms Independence Amid NEC Stake

Story Highlights
  • Japan Aviation Electronics highlights NEC’s 33.52% stake, affirming its affiliate status.
  • The company ensures independent management and equal transaction terms with NEC.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Japan Aviation Electronics Affirms Independence Amid NEC Stake

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Japan Aviation Electronics Industry ( (JP:6807) ) has provided an update.

Japan Aviation Electronics Industry has announced its relationship with NEC Corporation, highlighting that NEC holds a 33.52% voting rights stake, classifying it as an affiliated company. Despite this, Japan Aviation Electronics maintains independent management decisions, supported by independent directors and auditors to safeguard minority shareholder interests. The company emphasizes its independence in business activities, ensuring that transactions with NEC are conducted on an equal footing with other partners.

The most recent analyst rating on (JP:6807) stock is a Hold with a Yen2800.00 price target. To see the full list of analyst forecasts on Japan Aviation Electronics Industry stock, see the JP:6807 Stock Forecast page.

More about Japan Aviation Electronics Industry

Japan Aviation Electronics Industry, Limited operates in the electronics industry, focusing on the development and manufacturing of electronic components and systems. The company is known for its connectors, user interface solutions, and aerospace-related products, catering to a diverse range of markets including telecommunications, automotive, and consumer electronics.

Average Trading Volume: 217,172

Technical Sentiment Signal: Hold

Current Market Cap: Yen167.2B

For a thorough assessment of 6807 stock, go to TipRanks’ Stock Analysis page.

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