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The latest update is out from TS Tech Co., Ltd. ( (JP:7313) ).
TS TECH Co., Ltd. announced that Honda Motor Co., Ltd. holds 21.5% of its voting rights, categorizing it as an affiliate. Despite this affiliation, TS TECH operates independently, with 86.9% of its sales linked to the Honda Group. The company emphasizes its autonomy in business operations, ensuring that its strategic decisions are not restricted by Honda’s influence. This relationship underscores TS TECH’s strategic positioning within the automotive industry, balancing close cooperation with Honda while maintaining operational independence.
The most recent analyst rating on (JP:7313) stock is a Hold with a Yen1850.00 price target. To see the full list of analyst forecasts on TS Tech Co., Ltd. stock, see the JP:7313 Stock Forecast page.
More about TS Tech Co., Ltd.
TS TECH Co., Ltd. operates in the automotive industry, primarily focusing on the manufacture and sale of motor vehicle components. The company maintains a significant market focus on the Honda Group, with a substantial portion of its sales directed towards Honda and its affiliates.
Average Trading Volume: 269,925
Technical Sentiment Signal: Buy
Current Market Cap: Yen202.9B
For detailed information about 7313 stock, go to TipRanks’ Stock Analysis page.