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Totetsu Kogyo Co., Ltd. ( (JP:1835) ) has provided an update.
Totetsu Kogyo Co., Ltd. announced its relationship with East Japan Railway Company, highlighting that while East Japan Railway is a major shareholder, Totetsu Kogyo maintains operational independence. The company engages in regular business transactions with East Japan Railway, which significantly contributes to its net sales, yet it retains the ability to negotiate terms independently, ensuring a balanced partnership.
More about Totetsu Kogyo Co., Ltd.
Totetsu Kogyo Co., Ltd. operates in the construction industry, primarily providing construction services. The company is a partner of East Japan Railway Company, which is its largest shareholder, holding 19.5% of the voting rights. Totetsu Kogyo conducts business transactions with East Japan Railway, including construction work, while maintaining a level of independence in its operations.
Average Trading Volume: 72,793
Technical Sentiment Signal: Buy
Current Market Cap: Yen131B
See more data about 1835 stock on TipRanks’ Stock Analysis page.