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Sumitomo Mitsui Construction Co., Ltd. ( (JP:1821) ) has provided an update.
Sumitomo Mitsui Construction Co., Ltd. is currently involved in ongoing litigation with Mitsui Fudosan Residential, Co., Ltd., which has been referred to mediation. Despite a recent court order for a settlement payment, the litigation will continue due to a lawful objection by the other party. The company does not expect the litigation to impact its business performance, although future implications remain uncertain.
More about Sumitomo Mitsui Construction Co., Ltd.
Sumitomo Mitsui Construction Co., Ltd. operates in the construction industry, providing a range of construction services and solutions. The company is based in Tokyo, Japan, and is involved in various construction projects, focusing on innovation and quality in its offerings.
YTD Price Performance: 2.59%
Technical Sentiment Signal: Hold
Current Market Cap: €392.6M
For a thorough assessment of 1821 stock, go to TipRanks’ Stock Analysis page.