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Kumagai Gumi Co ( (JP:1861) ) just unveiled an update.
Kumagai Gumi Co., Ltd. announced its relationship with Sumitomo Forestry Co., Ltd., highlighting that while Sumitomo is the largest shareholder, Kumagai Gumi retains decision-making independence. The two companies aim to leverage their partnership for mutual benefits, although there are no significant transactions between them currently.
More about Kumagai Gumi Co
Kumagai Gumi Co., Ltd. operates in the construction industry and is listed on the Prime Market of the Tokyo Stock Exchange. The company is an equity-method affiliate of Sumitomo Forestry Co., Ltd., which is its largest shareholder. Despite this affiliation, Kumagai Gumi maintains operational independence while collaborating with Sumitomo Forestry to create synergies.
Average Trading Volume: 155,935
Technical Sentiment Signal: Buy
Current Market Cap: Yen180.1B
For a thorough assessment of 1861 stock, go to TipRanks’ Stock Analysis page.