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NAC Co., Ltd. Affirms Independence Amid Duskin’s Significant Stake

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NAC Co., Ltd. Affirms Independence Amid Duskin’s Significant Stake

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NAC Co., Ltd. ( (JP:9788) ) just unveiled an update.

NAC Co., Ltd. announced that Duskin Co., Ltd., an affiliated company, holds a significant 27.94% of its voting rights. Despite this, NAC maintains its business independence, having appointed an Outside Director at Duskin’s proposal without any operational restrictions. The announcement highlights the financial and operational relationship between the two companies, including product purchases amounting to 3,752 million yen.

More about NAC Co., Ltd.

NAC Co., Ltd. operates in the industry of rental and hygiene products, as well as the fast-food business. The company is affiliated with Duskin Co., Ltd., which holds a 27.94% voting stake and is listed on the Tokyo Stock Exchange Prime Market.

Average Trading Volume: 34,479

Technical Sentiment Signal: Buy

Current Market Cap: Yen24.92B

Find detailed analytics on 9788 stock on TipRanks’ Stock Analysis page.

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