tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nittoc Construction Discloses Ownership Structure and Interim Status of Parent Aso Corporation

Story Highlights
  • Nittoc Construction highlights its majority control by Aso Corporation, a medical and real estate group.
  • Disclosure of Aso’s interim status and shareholder makeup clarifies concentrated family and institutional control.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nittoc Construction Discloses Ownership Structure and Interim Status of Parent Aso Corporation

Claim 50% Off TipRanks Premium

Nittoc Construction Co., Ltd. ( (JP:1929) ) has issued an announcement.

Nittoc Construction has disclosed that its unlisted parent company, Aso Corporation, has finalized its interim financial results for the second quarter of the fiscal year ending March 31, 2026, and provided an outline of Aso’s corporate profile and governance. The notice details Aso’s core businesses in medical-related services and real estate, its capital structure, and its controlling 58.05% stake in Nittoc, as well as the composition of Aso’s shareholder base, which is dominated by the Aso family, affiliated educational and corporate entities, and regional financial institutions; this transparency underscores the concentrated ownership and family influence within the group, providing investors in Nittoc with clearer visibility into the parent company’s control and potential strategic influence over the listed subsidiary.

More about Nittoc Construction Co., Ltd.

Nittoc Construction Co., Ltd., listed on the Tokyo Stock Exchange Prime Market, operates in the construction industry while being majority-owned by Aso Corporation, a privately held group focused on medical-related and real estate businesses. As of September 30, 2025, Aso Corporation holds 58.05% of Nittoc Construction’s voting rights, reinforcing the parent-subsidiary structure and aligning Nittoc within a broader diversified corporate group centered in Fukuoka Prefecture.

Average Trading Volume: 77,188

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen53.05B

See more data about 1929 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1