【RYODEN】Fiscal Year Ending March 2026 Financial Results｜Revenue Unclear, Details of Transactions with Controlling Shareholder

Overview of Relationship with Controlling Shareholder

RYODEN is the largest shareholder of Mitsubishi Electric, with a voting rights ownership ratio of 36.08%. Major transactions include agency agreements for Mitsubishi Electric's product sales and stock sales, with transaction amounts totaling 14,794 million yen and profit from stock sales amounting to 1,243 million yen. The relationship is expected to continue, and transaction terms are determined based on market prices.

Future Policy and Impact on Shareholders

RYODEN will maintain its cooperation with Mitsubishi Electric while developing its business, with transaction terms negotiated based on market prices. Given the relationship with the controlling shareholder, independence of management is considered secured, and shareholders can expect stable relationships and ongoing transactions.