Yondenko Corporation (JP:1939) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Yondenko Corporation has disclosed its corporate structure and relationship with its controlling shareholder Shikoku Electric Power Co., Inc., which holds a 31.9% stake and is a key player in the company’s construction operations, accounting for 51.2% of Yondenko’s net sales. The company asserts a degree of independence in its management decisions, despite the intertwined personnel, capital, and business dealings with its parent group. Additionally, Yondenko reported financial transactions with Shikoku, including construction orders and a deposit of short-term funds totaling 8,500 million yen for the fiscal year.
For further insights into JP:1939 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue