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Tokyo Electron Device Affirms Independence from Tokyo Electron Limited

Story Highlights
  • Tokyo Electron Device maintains independence from Tokyo Electron Limited in management.
  • Transactions with Tokyo Electron Limited are not significant enough to affect minority shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tokyo Electron Device Affirms Independence from Tokyo Electron Limited

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An update from Tokyo Electron Device Limited ( (JP:2760) ) is now available.

Tokyo Electron Device Limited announced that its relationship with Tokyo Electron Limited, its affiliated company, does not affect its independent management or business activities. The company confirmed that Tokyo Electron Limited does not exert control beyond an equity-method relationship, ensuring independence. Additionally, transactions with Tokyo Electron Limited are not significant enough to impact minority shareholders, indicating no need for further disclosure.

More about Tokyo Electron Device Limited

Tokyo Electron Device Limited operates in the electronics industry, focusing on the development and distribution of electronic components and systems. The company is part of a corporate group centered on Tokyo Electron Limited but maintains its independence in business operations and management decisions.

Average Trading Volume: 126,479

Technical Sentiment Signal: Sell

Current Market Cap: Yen81.02B

See more insights into 2760 stock on TipRanks’ Stock Analysis page.

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