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An announcement from Kanematsu Corporation ( (JP:8020) ) is now available.
Kanematsu Corporation announced its successful reduction of cross-shareholdings by approximately ¥10.0 billion, achieving its medium-term management plan target ahead of schedule. This move aims to lower the ratio of cross-shareholdings to total consolidated net assets to 10% or less by March 2027, enhancing financial efficiency and strategic flexibility.
More about Kanematsu Corporation
Kanematsu Corporation operates in the trading industry, providing a diverse range of products and services, including electronics, food, and materials. The company focuses on enhancing its market presence through strategic investments and partnerships.
Average Trading Volume: 387,644
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen206.5B
See more data about 8020 stock on TipRanks’ Stock Analysis page.