Kanaden Corporation

2026/08/21 Updated
Market Cap: $350.6M (¥55.7B)
Stock Price: $15.73 (¥2,500)
Exchange Rate: 1 USD = ¥158.98

[Kanaden] Relationship with Parent Company and Controlling Shareholder for Fiscal Year Ending March 2026 | May 13, 2026

Mitsubishi Electric owns 21.21% of voting rights and continues trading sales and procurement transactions. The relationship and transaction terms are stable and based on market practices.

Importance:
Page Updated: May 13, 2026
IR Disclosure Date: May 13, 2026

Key Figures

  • Ownership ratio of voting rights: 21.21%
  • Mitsubishi Electric's sales ratio to total sales: 4.54%
  • Mitsubishi Electric's procurement ratio to total procurement: 54.22%

AI要約

Status of Controlling Shareholder and Affiliates

Kanaden Corporation owns 21.21% of voting rights as a major shareholder of Mitsubishi Electric and is positioned as an affiliate. Mitsubishi Electric is a major supplier and important trading partner for the sales division, accounting for 4.54% of sales and 54.22% of procurement. The transaction relationship is stable due to agency agreements, and it is expected to continue. Transaction conditions are determined based on market trends, and there are no significant business constraints.

Transaction Relationship and Risks

Transactions with Mitsubishi Electric are stable and conducted based on market trends. However, changes in Mitsubishi Electric's management strategy or natural disasters could affect supply capacity, potentially impacting our business performance and financial condition. A certain degree of independence from the parent company is maintained, and prices and transaction terms are set in line with market conditions.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Kanaden Corporation

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