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Kewpie Corporation ( (JP:2809) ) has provided an update.
Kewpie Corporation has disclosed details regarding NAKASHIMATO CO., LTD., an associated company that serves as its largest shareholder with 16.3% of voting rights, including indirect holdings, underscoring NAKASHIMATO’s position as a key influencing stakeholder. The two companies maintain significant business and capital relationships, including product purchases and sales, expense transactions, and a large-scale real estate leasing arrangement via NAKASHIMATO’s wholly owned subsidiary TOHKA CO., LTD., which itself holds 8.0% of Kewpie’s voting rights; additionally, there is notable overlap in management through concurrent officer positions and seconded employees, highlighting a tightly linked corporate group structure that investors may view as important for governance and strategic decision-making.
The most recent analyst rating on (JP:2809) stock is a Hold with a Yen4658.00 price target. To see the full list of analyst forecasts on Kewpie Corporation stock, see the JP:2809 Stock Forecast page.
More about Kewpie Corporation
Kewpie Corporation, listed on the Prime Market of the Tokyo Stock Exchange, operates in the food industry, with a core business centered on processed foods and related products. Its shareholder base includes food trading and distribution firms, reflecting close ties within Japan’s processed foods value chain.
Average Trading Volume: 401,023
Technical Sentiment Signal: Buy
Current Market Cap: Yen587.6B
Learn more about 2809 stock on TipRanks’ Stock Analysis page.