Ichikoh Industries, Ltd.
Regarding Matters Concerning Controlling Shareholders
The parent company Valeo indirectly owns 61.11% of the company’s voting rights, having become the parent through a tender offer in 2017. Loans amounted to 33,158 million yen as of the end of December 2025, with borrowings at 0 million yen.
Key Figures
- Total Voting Rights Ownership: 61.11%
- Loans (as of end December 2025): 33,158 million yen
- Borrowings (as of end December 2025): 0 million yen
AI要約
Status of Parent Company and Controlling Shareholders
Our parent company is Valeo S.E., which holds 61.11% of the voting rights. Valeo is listed on the Paris Stock Exchange, and Valeo Management changed its company name in May 2025. The parent company is a consolidated subsidiary and exerts influence over management. Some directors are seconded from the parent company.
Relationship with Parent Company and Assurance of Independence
Through collaboration with the parent company, we promote shared responsibilities in R&D, joint purchasing, and shared services for accounting departments. Important matters require the parent company’s approval; however, a Conflict of Interest Monitoring Committee has been established to ensure independence. Multiple independent outside directors are appointed to ensure diverse opinions are reflected in the board.
