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Miyakoshi Holdings Asserts Independence Amid Significant Stake by Affiliated Company

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Miyakoshi Holdings Asserts Independence Amid Significant Stake by Affiliated Company

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Miyakoshi Holdings, Inc. ( (JP:6620) ) just unveiled an update.

Miyakoshi Holdings, Inc. announced that Miyakoshi Group, Inc., which holds 38.73% of its voting rights, is classified as an ‘other affiliated company.’ Despite this significant stake, Miyakoshi Holdings asserts its operational independence, with only two of its directors holding concurrent positions in the affiliated company. This announcement underscores the company’s commitment to maintaining its autonomy and could reassure stakeholders about its governance and strategic direction.

More about Miyakoshi Holdings, Inc.

Miyakoshi Holdings, Inc. operates in the financial industry, focusing on maintaining its independence despite significant voting rights held by an affiliated company, Miyakoshi Group, Inc. The company is involved in various financial services and maintains a strong position in the market.

Average Trading Volume: 75,122

Technical Sentiment Signal: Sell

Current Market Cap: Yen44.66B

Learn more about 6620 stock on TipRanks’ Stock Analysis page.

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