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Topy Industries, Limited ( (JP:7231) ) has shared an update.
Topy Industries, Limited has announced its relationship with Nippon Steel Corporation, which holds 22.7% of its voting rights and is classified as an ‘other affiliate.’ Despite this significant shareholding, Topy Industries maintains its independence in management decisions and has no governance agreements with Nippon Steel. The business alliance with Nippon Steel aims to address steel demand fluctuations and global competition, while ensuring Topy Industries retains autonomy in its operations.
More about Topy Industries, Limited
Topy Industries, Limited operates in the steel industry, focusing on the production and sale of steel products. The company engages in the manufacture of toll-rolled products and sources raw materials from its affiliates, positioning itself to respond to fluctuations in steel demand and global competition.
Average Trading Volume: 52,972
Technical Sentiment Signal: Buy
Current Market Cap: Yen51.45B
For a thorough assessment of 7231 stock, go to TipRanks’ Stock Analysis page.