Yondenko Corporation
【Shidenko】Major Shareholder Relationships and Transaction Details｜June 2026
Shidenko is an affiliated company of the Shikoku Electric Power Group, with 50.9% of its sales for the fiscal year ending March 2026 derived from Shikoku Electric Power and its subsidiaries. The report discloses major shareholders, transaction details, and the status of executives' concurrent positions, explaining governance independence.
Key Figures
- Sales Revenue: Unknown
- Proportion of Sales Related to Shikoku Electric Power: 50.9％
- Transaction Amount (Electric and Instrumentation, Air Conditioning Piping Works): 620 million yen
AI要約
Major Shareholder Relationships and Transaction Details
Shidenko is an affiliated company of the Shikoku Electric Power Group and a equity-method affiliate. For the fiscal year ending March 2026, 50.9% of sales were from orders received from Shikoku Electric Power and its subsidiaries, including orders for electrical instrumentation and air conditioning piping works, as well as design, construction, and maintenance of power transmission and distribution facilities. Transaction conditions are determined based on estimate-based project prices and regulatory frameworks, with a transaction amount of 620 million yen. Despite human relationships and executives holding concurrent positions, governance independence is maintained.
Shareholders, Governance, and Future Outlook
As a core company within the Shikoku Electric Power Group, Shidenko maintains important trading relationships while establishing governance systems as a listed company. Although there are close relationships through executives' concurrent roles and secondments, independence is secured, emphasizing transparency in business operations. The company aims to continue stable transactions and strengthen governance.
Shidenko Co., Ltd.
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