【Koden】Financial Results for 2026 | Stable Management Under the Control of Parent Company Mitsubishi Electric

Controlling Shareholder and Business Relationships

Koden Corporation is a consolidated subsidiary of Mitsubishi Electric, with an ownership ratio of 51.5% of voting rights. It maintains major transaction relationships in electrical equipment construction and procurement of goods, establishing a stable transaction foundation within the group. There are also personnel relationships, including transfers of officers and employees. Transaction conditions are set fairly, with consideration given to potential impacts from fluctuations in the parent company's performance.

Future Outlook and Transaction Transparency

The company ensures independence in transactions with the parent company, reporting twice a year to the Board of Directors to protect minority shareholders. It plans to continue conducting appropriate transactions both within and outside the group, aiming for business stability and growth. The relationship with the parent company does not impose operational restrictions and contributes to enhancing creditworthiness.