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Taiyo Holdings Affirms Independence Amid DIC Corporation’s Stake

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Taiyo Holdings Affirms Independence Amid DIC Corporation’s Stake

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Taiyo Holdings Co., Ltd. ( (JP:4626) ) has shared an update.

Taiyo Holdings Co., Ltd. has announced its relationship with DIC Corporation, which holds a 20.08% stake in the company, classifying Taiyo as an equity-method affiliate. Despite this significant stake, Taiyo Holdings maintains its operational independence, with transactions involving DIC Corporation accounting for only 1.27% of its total raw material purchases. The company ensures that these transactions are rational and do not compromise its business autonomy or overall independence.

More about Taiyo Holdings Co., Ltd.

Taiyo Holdings Co., Ltd. operates in the chemical industry, primarily focusing on the production of solder resists, which are essential materials used in the manufacturing of printed circuit boards. The company is listed on the Prime Market of the Tokyo Stock Exchange and maintains a strategic market focus on electronic materials.

Average Trading Volume: 228,204

Technical Sentiment Signal: Buy

Current Market Cap: Yen365.3B

Find detailed analytics on 4626 stock on TipRanks’ Stock Analysis page.

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