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JTEKT sells all shares held in Mitsui Seiki Kogyo, collaboration to continue

JTEKT Corporation announced on August 4 that it sold all the shares it held in Mitsui Seiki Kogyo Co., Ltd. on July 31. As a result, Mitsui Seiki Kogyo is no longer an equity-method affiliate of JTEKT. The two companies will continue their business collaboration and joint initiatives without maintaining capital ties.....

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