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Nitto Kohki Asserts Independence from Controlling Shareholder

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Nitto Kohki Asserts Independence from Controlling Shareholder

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Nitto Kohki Co., Ltd. ( (JP:6151) ) has issued an announcement.

Nitto Kohki Co., Ltd. has clarified its relationship with its controlling shareholder, NIKKI Co., Ltd., which holds 38.88% of its voting rights. Despite this significant shareholding, Nitto Kohki maintains operational independence as NIKKI Co., Ltd. is involved in the real estate rental business and does not influence Nitto Kohki’s business activities. The company assures stakeholders of its management independence through the presence of outside directors and audit members, ensuring no interference from NIKKI Co., Ltd.

More about Nitto Kohki Co., Ltd.

Nitto Kohki Co., Ltd. operates in the industrial sector, providing a range of products and services. The company is known for its high-quality couplers, pumps, and tools, serving various industries with a focus on innovation and reliability.

Average Trading Volume: 25,693

Technical Sentiment Signal: Sell

Current Market Cap: Yen31.73B

See more data about 6151 stock on TipRanks’ Stock Analysis page.

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