Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Kanaden Corporation ( (JP:8081) ) has provided an update.
Kanaden Corporation has announced its business relationship with Mitsubishi Electric Corporation, which holds a 21.22% voting stake in the company. Mitsubishi Electric is a major supplier and business partner, accounting for a significant portion of Kanaden’s sales and purchases. The relationship is stable, with no current business restrictions, but future changes in Mitsubishi’s management strategy or supply disruptions could impact Kanaden’s performance.
More about Kanaden Corporation
Kanaden Corporation operates in the electrical equipment industry, focusing on the manufacture and sale of electrical equipment. It is closely affiliated with Mitsubishi Electric Corporation, which is a significant shareholder and business partner.
Average Trading Volume: 36,644
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen32.15B
See more data about 8081 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue