Kumagai Gumi Co (JP:1861) has released an update.
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Kumagai Gumi Co., Ltd. has informed stakeholders that Sumitomo Forestry Co., Ltd., its largest shareholder, maintains a respectful level of independence while collaborating to create synergies based on shared philosophies. There are no significant transactions to report with controlling shareholders, and the company’s independence in decision-making and business activities is sufficiently ensured.
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