Nippon Rietec Co.,Ltd.
【Japan Litec】Relationship with Controlling Shareholder and Business Overview｜June 2026
Japan Litec is the largest shareholder of East Japan Railway Company, owning 19.7% of voting rights. The company conducts railway electrical equipment installation and maintains independence within normal transaction relationships. This report details the relationship with the controlling shareholder and the status of business cooperation.
Key Figures
- Percentage of Voting Rights Owned: 19.7%
- Transaction Amount for Electrical Equipment Construction: 33,427 million yen
- End-of-term Balance (Accounts Receivable): 23,822 million yen
AI要約
Relationship with Controlling Shareholder and Affiliates
Japan Litec is the largest shareholder of East Japan Railway Company, owning 19.7% of voting rights. Positioned as a partner within the group, it has a cooperative relationship with the company. The main business involves railway electrical equipment installation, conducted within normal transactional scope, ensuring business independence. The company also discloses executive concurrent positions, demonstrating transparency in management.
Transaction Details and Business Activities
For the period from April 2025 to March 2026, the transaction amount for electrical equipment construction was 33,427 million yen, with an end-of-term balance of accounts receivable amounting to 23,822 million yen. Transaction conditions are similar to those with ordinary business partners, maintaining a good relationship. Future business activities are expected to focus on electrical equipment installation in railway infrastructure.
Japan Litec Co., Ltd.
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