WELLNEO SUGAR Co.Ltd. (JP:2117) has released an update.
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WELLNEAO SUGAR Co., Ltd. maintains prominent shareholders, with ITOCHU Corporation and Sumitomo Corporation holding 37.9% and 25.4% of voting rights, respectively. The company asserts its independence in management decisions and operations, despite the significant ownership stakes of these shareholders. Transactions with these controlling entities are conducted at market prices, ensuring fair conditions comparable to those with unrelated parties.
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