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Shofu Inc. ( (JP:7979) ) just unveiled an announcement.
Shofu Inc. announced that Mitsui Chemicals, Inc., its largest shareholder with a 20.15% voting rights stake, is considered an associated company. The alliance between Shofu, Mitsui Chemicals, and SUN MEDICAL aims to strengthen their cooperation in research, development, and sales of dental materials. Despite Mitsui Chemicals’ significant shareholding, Shofu maintains a degree of independence in its management decisions, as these are made by a board of nine directors.
More about Shofu Inc.
Shofu Inc. operates in the dental materials industry, focusing on the development, production, and sales of dental materials. The company has formed a strategic alliance with Mitsui Chemicals, Inc. and SUN MEDICAL CO., LTD. to enhance its capabilities and competitiveness in the international market.
Average Trading Volume: 84,596
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen73.97B
See more data about 7979 stock on TipRanks’ Stock Analysis page.