Itoham Yonekyu Asserts Independence Despite Major Stake

Itoham Yonekyu Holdings, Inc. (JP:2296) has released an update.

Itoham Yonekyu Holdings Inc. has disclosed its relationship with its controlling shareholder, Mitsubishi Corporation, which holds 41.12% of Itoham’s voting rights and is classified as an equity method affiliate. Despite this significant stake, Itoham maintains that its independence is preserved in management decisions, and it conducts multiple-quote purchasing to ensure market-competitive prices for meat and raw materials.

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