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S Foods Inc. ( (JP:2292) ) has issued an update.
S Foods Inc. announced that Marubeni Corporation, a major shareholder, owns 15.3% of its voting rights, positioning S Foods as an equity method affiliate. The company maintains independent operations, engaging in sales and procurement transactions with Marubeni Corporation under standard business terms, indicating no preferential treatment or restrictions due to the corporate relationship.
More about S Foods Inc.
S Foods Inc. operates in the food industry, focusing on the sales and procurement of finished goods and merchandise. The company is an equity method affiliate of Marubeni Corporation, which holds 15.3% of its voting rights. Despite this affiliation, S Foods Inc. conducts its own business activities without restrictions from its parent company’s corporate group.
Average Trading Volume: 86,496
Technical Sentiment Signal: Hold
Current Market Cap: Yen83.81B
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