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Maruwa Co. Affirms Independence Amid Affiliation with Kambe Art Co.

Story Highlights
  • Maruwa Co. announces its relationship with Kambe Art Co., Ltd., which holds 29.50% voting rights.
  • Maruwa maintains independence with 42.9% independent directors, unaffected by Kambe Art Co.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Maruwa Co. Affirms Independence Amid Affiliation with Kambe Art Co.

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Maruwa Co ( (JP:5344) ) has shared an announcement.

Maruwa Co., Ltd. has announced details regarding its relationship with its affiliated company, Kambe Art Co., Ltd., which holds a 29.50% voting rights stake in Maruwa. Despite this significant ownership, there are no business transactions or influence from Kambe Art Co., Ltd. on Maruwa’s operations. Maruwa maintains its independence through a board structure that includes 42.9% independent outside directors, ensuring that the company’s management and business activities remain unaffected by its affiliation with Kambe Art Co., Ltd.

More about Maruwa Co

Average Trading Volume: 144,766

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen498.2B

Learn more about 5344 stock on TipRanks’ Stock Analysis page.

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