Kanro Inc.

2026/03/03 Updated
Market Cap: $377.3M (¥59.0B)
Stock Price: $8.95 (¥1,399)
Exchange Rate: 1 USD = ¥156.25

Matters Concerning Controlling Shareholders and Others

Mitsubishi Corporation owns 29.59% of our voting rights, and we are an equity-method affiliate of Mitsubishi Corporation. As of December 31, 2025, the transaction amounts are sales of products at 31,949,396 thousand yen and accounts receivable of 10,013,996 thousand yen.

Importance:
Page Updated: February 20, 2026
IR Disclosure Date: February 20, 2026

Key Figures

  • Voting Rights Ownership Ratio: 29.59% (Mitsubishi Corporation)
  • Product Sales Transaction Amount: 31,949,396 thousand yen (January 1, 2025 – December 31, 2025)
  • Accounts Receivable Balance: 10,013,996 thousand yen (As of December 31, 2025)

AI要約

Status of Controlling Shareholders and Others

Mitsubishi Corporation, another related company of ours, owns 29.59% of our voting rights (including indirect ownership), and we are classified as an equity-method affiliate of Mitsubishi Corporation. Regarding personnel relationships, as of December 31, 2025, one outside auditor is an employee of Mitsubishi Corporation, and we accept two seconded employees from Mitsubishi Corporation. Although management is independent, there is a close business relationship as Mitsubishi Corporation serves as our exclusive sales agent for products.

Transactions with Controlling Shareholders and Others

During the period from January 1 to December 31, 2025, the product sales transaction amount with Mitsubishi Corporation was 31,949,396 thousand yen, and the accounts receivable balance was 10,013,996 thousand yen. The purchase transaction amount for raw materials was 56,203 thousand yen, with no accounts payable. Transaction terms are determined under the same conditions as general transactions.

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