New Cosmos Electric Co.,Ltd.
【Shin Cosmos Electric】2026 Financial Results | Revenue Unavailable, Ownership Share of Main Shareholder ITO EN at 28.37％
Shin Cosmos Electric announced its financial results for the fiscal year ending March 2026. ITO EN is a major affiliated company with a voting rights ownership ratio of 28.37%. Specific figures for revenue and net income are not disclosed.
Key Figures
- Voting Rights Ownership Ratio: 28.37％
- Transaction Amount with ITO EN: 1,879,739 thousand yen
- Transaction Balance (Accounts Receivable): 406,980 thousand yen
AI要約
Overview of Major Shareholders and Affiliated Companies
Shin Cosmos Electric is an affiliated company of ITO EN, owning 28.37% of voting rights. ITO EN operates in LP gas and industrial gas businesses and is one of our major sales partners. Although specific figures for revenue and net income for the fiscal year ending March 2026 are not disclosed, the transaction amount is approximately 1.88 billion yen. The transaction terms are considered appropriate, taking market prices into account, and dealings with affiliated companies are described as being conducted fairly.
Future Outlook and Impact on Shareholders
We aim to maintain a stable business operation while continuing our relationship with ITO EN. Specific performance figures are not disclosed, but we focus on strengthening relationships with key clients and fulfilling our role as a controlling shareholder of affiliated companies. Moving forward, we will manage transaction conditions with affiliated companies appropriately and strive to protect the interests of minority shareholders.
Shin Cosmos Electric Co., Ltd.
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