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Nittoc Construction Co., Ltd. ( (JP:1929) ) just unveiled an update.
Nittoc Construction Co., Ltd. has announced its corporate relationship with AN Holdings Co., Ltd., a wholly-owned subsidiary of Aso Corporation, which holds a significant share in Nittoc. This relationship ensures stable shareholding and potential business synergies, while maintaining Nittoc’s operational independence. The company has implemented measures to protect minority shareholders, including establishing a special committee to oversee transactions involving controlling shareholders.
More about Nittoc Construction Co., Ltd.
Nittoc Construction Co., Ltd. operates in the construction industry, focusing on providing construction services and related solutions. It is part of a larger corporate group led by Aso Corporation, which also engages in businesses like cement production, potentially creating synergies with Nittoc’s operations.
Average Trading Volume: 59,105
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen43.88B
Learn more about 1929 stock on TipRanks’ Stock Analysis page.