Nippon Sanso Upholds Autonomy and Fair Trading

Nippon Sanso Holdings Corporation (JP:4091) has released an update.

Nippon Sanso Holdings Corporation maintains a degree of independence from its parent company, Mitsubishi Chemical Group Corporation, despite the latter holding a majority stake. The company ensures fair transactions with its parent by referencing market prices and obtaining Board approval, particularly from its majority independent outside directors. Additionally, Nippon Sanso Holdings advises shareholders to trade its stock on the Tokyo Stock Exchange and distances itself from any unsponsored American Depository Receipts programs.

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