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Kobe Electric Railway Affirms Independence Amid Hankyu Hanshin Holdings’ Stake

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Kobe Electric Railway Affirms Independence Amid Hankyu Hanshin Holdings’ Stake

Elevate Your Investing Strategy:

The latest announcement is out from Kobe Electric Railway Co., Ltd. ( (JP:9046) ).

Kobe Electric Railway Co., Ltd. announced its relationship with Hankyu Hanshin Holdings, Inc., which holds 29% of its voting rights, indicating a certain level of independence despite the capital and personnel ties. The company maintains its autonomy in business operations and has minimal dependency on Hankyu Hanshin Holdings for transactions, ensuring operational independence.

More about Kobe Electric Railway Co., Ltd.

Kobe Electric Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is listed on the Tokyo Stock Exchange and is an equity-method affiliate of Hankyu Hanshin Holdings, Inc., which holds a significant portion of its voting rights.

Average Trading Volume: 17,896

Technical Sentiment Signal: Sell

Current Market Cap: Yen18.24B

For an in-depth examination of 9046 stock, go to TipRanks’ Overview page.

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