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The latest update is out from Shinagawa Refractories Co., Ltd. ( (JP:5351) ).
Shinagawa Refractories Co., Ltd. has announced details concerning its controlling shareholders, highlighting its relationship with JFE Steel Corporation, which holds 34.9% of its voting rights. Despite this significant ownership, Shinagawa maintains a degree of operational independence, conducting transactions with JFE Steel as it would with any general business partner. The announcement underscores the company’s strategic positioning within the steel industry and its reliance on market conditions.
More about Shinagawa Refractories Co., Ltd.
Shinagawa Refractories Co., Ltd. operates in the refractory materials industry, focusing on products and services related to furnace construction and refractory materials. The company is significantly involved in transactions with JFE Steel Corporation, a major player in the steel industry, which impacts its operations due to its reliance on steel production trends.
Average Trading Volume: 67,391
Technical Sentiment Signal: Hold
Current Market Cap: Yen76.53B
For a thorough assessment of 5351 stock, go to TipRanks’ Stock Analysis page.