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Tokyo Energy & Systems Affirms Independence Amid Strong Ties with TEPCO

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Tokyo Energy & Systems Affirms Independence Amid Strong Ties with TEPCO

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The latest update is out from Tokyo Energy & Systems Inc. ( (JP:1945) ).

Tokyo Energy & Systems Inc. has reported its relationship with Tokyo Electric Power Company Holdings, Inc., highlighting that 24.1% of its net sales are derived from transactions with this group. The company ensures that construction contracts are negotiated based on market prices, maintaining its independence in business operations and decision-making, despite the significant influence of its major trading partner.

More about Tokyo Energy & Systems Inc.

Tokyo Energy & Systems Inc. operates in the energy sector, focusing on the construction of electric power-related facilities. It is an affiliated company of Tokyo Electric Power Company Holdings, Inc., and engages in significant transactions with this group, which constitutes a substantial portion of its net sales. Despite these affiliations, the company maintains its independence in decision-making.

Average Trading Volume: 45,260

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen38.94B

See more data about 1945 stock on TipRanks’ Stock Analysis page.

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