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The latest update is out from Toyo Construction Co., Ltd. ( (JP:1890) ).
Toyo Construction Co., Ltd. has announced the dissolution of its capital and business alliance with Maeda Corporation, a relationship that began in 2002 and was aimed at enhancing management efficiency through collaboration in technology and business development. This decision follows discussions with Maeda and its parent company, Infroneer Holdings Inc., and is contingent upon the repurchase of shares owned by Maeda, which will result in Taisei Corporation and Maeda becoming the sole shareholders, impacting the company’s stakeholder dynamics and industry positioning.
More about Toyo Construction Co., Ltd.
Toyo Construction Co., Ltd. operates in the construction industry, focusing on civil engineering and architectural projects. The company engages in technology development, design and construction work, and environmental engineering operations, with a market focus on expanding into new business fields and overseas operations.
Average Trading Volume: 696,774
Technical Sentiment Signal: Buy
Current Market Cap: Yen167.7B
For a thorough assessment of 1890 stock, go to TipRanks’ Stock Analysis page.