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T.RAD Co., Ltd. Affirms Independence Amidst Shareholder Relations

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T.RAD Co., Ltd. Affirms Independence Amidst Shareholder Relations

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T.RAD Co., Ltd. ( (JP:7236) ) has shared an update.

T.RAD Co., Ltd. has announced its relationship with its controlling shareholder, Jinya Connect Co., Ltd., which holds a 34.8% direct ownership stake. Despite this significant stake, T.RAD maintains its operational independence, as there are no restrictions imposed by Jinya Connect or its affiliates. The transactions between T.RAD and Jinya Connect, primarily involving software license fees, are conducted on an economically reasonable basis, ensuring that T.RAD’s business activities remain unaffected.

More about T.RAD Co., Ltd.

T.RAD Co., Ltd. operates in the manufacturing industry, focusing on the development and sale of automotive and industrial products. The company is listed on the Tokyo Stock Exchange and is primarily involved in producing heat exchangers and related components for vehicles and machinery.

Average Trading Volume: 23,754

Technical Sentiment Signal: Buy

Current Market Cap: Yen24.07B

For detailed information about 7236 stock, go to TipRanks’ Stock Analysis page.

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