Otec Corporation is an affiliate with a voting rights ownership ratio of 20.05% in Nippon Joints Corporation, with transaction terms negotiated based on market prices. The Company plans to maintain similar relationships going forward.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"1736","jir_company_name":"Otec Corporation","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-07-22","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/1736-20260722-01.pdf","jir_short_summary":"Otec Corporation is an affiliate with a voting rights ownership ratio of 20.05% in Nippon Joints Corporation, with transaction terms negotiated based on market prices. The Company plans to maintain similar relationships going forward.","jir_summary":"### Relationship with Controlling Shareholder\nOtec Corporation is an affiliate with a voting rights ownership ratio of 20.05% in Nippon Joints Corporation. The two companies have personnel transfers and conduct business transactions, primarily involving the procurement of joint-related products. Transaction terms are determined through negotiations referencing market prices, and operational independence is maintained. The relationship is planned to continue unchanged, with no parent-subsidiary or control relationship modifications.\n\n### Transaction Details and Future Outlook\nThe transaction amount from April 1, 2025, to March 31, 2026, is approximately 509 million yen, involving inventory of products and current account payables. The shares held are contributed to Resona Bank, Ltd. as a retirement benefit trust, with Nippon Joints Corporation exercising voting rights as instructed. The Company intends to continue maintaining the relationship and negotiating transaction terms based on market prices.","jir_financial_highlights":"Voting Rights Ownership Ratio (%): 20.05 (Unknown)\nTransaction Amount (thousand yen): 508,807 (Unknown)\nAccounts Payable (thousand yen): 184,222 (Unknown)","jir_category":"","jir_hashtags":"#Otec, #ControllingShareholder, #JapanStocks","jir_key_figures":"Voting Rights Ownership Ratio: 20.05%\nTransaction Amount: 508,807 thousand yen\nAccounts Payable Balance: 184,222 thousand yen","jir_meta_title":"\u3010Otec\u3011Notice Regarding Controlling Shareholder\uff5cJuly 2026","jir_meta_description":"Otec Corporation is a related company of Nippon Joints Corporation, disclosing voting rights ownership ratio and transaction details. The relationship is planned to be maintained going forward.","jir_og_title":"\u3010Otec\u3011Notice Regarding Controlling Shareholder\uff5cJuly 2026","jir_og_description":"Otec Corporation is a related company of Nippon Joints Corporation, disclosing voting rights ownership ratio and transaction details.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17560,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-86721","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n