Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Mitsubishi Paper Mills ( (JP:3864) ) has issued an announcement.
Mitsubishi Paper Mills Limited announced its relationship with Oji Holdings Corporation, which holds 33% of its voting rights. The company ensures independence in its operations despite this significant shareholding. Transactions with affiliated companies, such as MPM Oji Eco Energy Co., Ltd. and OCM Fiber Trading Co., Ltd., involve power generation and the purchase of imported chips, reflecting the company’s strategic business engagements.
More about Mitsubishi Paper Mills
Mitsubishi Paper Mills Limited operates in the paper industry, focusing on the production and sale of paper products. The company maintains a cooperative relationship with Oji Holdings Corporation, its largest shareholder, while ensuring a degree of independence in its business operations.
Average Trading Volume: 381,979
Technical Sentiment Signal: Buy
Current Market Cap: Yen26.85B
For detailed information about 3864 stock, go to TipRanks’ Stock Analysis page.