Parent-Company Relationship with Mitsubishi Corporation and Dependence on Its Sales Agency Services
First written in FY2016. 5 of 12 entries say "Restated". Latest entry: 2026-06-26.
53 other companies' latest entry also says "Restated".
- 2026-06-26RestatedGovernance
「Mitsubishi Corporation is our parent company, owning 60.68% of the Company’s voting rights. While the Company is positioned as a member of its group, it conducts business activities as a listed company with its own independent basic management policies.」
The Company reconfirmed its capital relationship, business relationships including raw material purchases and product sales, and personnel relationship with its parent company, Mitsubishi Corporation, while stating that it has independent basic management policies and a certain degree of independence. - FY2026Sales ratio to parent company increased slightlyAnnual report
「Mitsubishi Corporation 9,827 15.6」
Mitsubishi Corporation remains the parent company, sales agent and major raw-material supplier, and the sales ratio rose from 15.5% in the previous fiscal year to 15.6%. The voting-rights ownership ratio is 60.7%. - 2026-06-02RestatedGeneral Meetings of Shareholders
「Parent company: Mitsubishi Corporation」
The Company continued to disclose its relationship with Mitsubishi Corporation as its parent company, sales agent for products and supplier of major raw materials. - FY2025Further decline in the sales ratio to Mitsubishi CorporationAnnual report
「Mitsubishi Corporation 9,766 15.5」
While Mitsubishi Corporation remains the parent company, sales agent and major raw-material supplier, the sales ratio declined from 16.3% in the previous fiscal year to 15.5%. - FY2024Further decline in the sales ratio to Mitsubishi CorporationAnnual report
「Mitsubishi Corporation 10,907 16.3」
While Mitsubishi Corporation remains the parent company, sales agent and major raw-material supplier, sales to Mitsubishi Corporation declined to 16.3% of total sales from 17.1% in the previous fiscal year. - FY2022Further decline in the sales ratio to Mitsubishi CorporationAnnual report
「Mitsubishi Corporation 8,618 17.0 Kirin Brewery Company, Limited 4,892 9.7」
While Mitsubishi Corporation remains the parent company, sales agent and major raw-material supplier, sales to Mitsubishi Corporation declined to 17.0% of total sales from 19.7% in the previous fiscal year. - FY2021Diversification of customer concentrationAnnual report
「Mitsubishi Corporation 8,876 19.7 Kirin Beer Company, Limited 4,849 10.8」
The relationship with Mitsubishi Corporation as parent company, product sales agent and key raw-material supplier remains in place. However, sales to Mitsubishi Corporation as a percentage of total sales declined from 67.9% in the previous fiscal year to 19.7%, while sales to Kirin Beer accounted for 10.8%. - FY2021-Q2RestatedAnnual report
「Mitsubishi Corporation 2-3-1 Marunouchi, Chiyoda-ku, Tokyo 2,942 59.82」
Mitsubishi Corporation is the parent company. As of the end of the second quarter accounting period, it held 2.942 million shares, representing an ownership interest of 59.82% excluding treasury shares. - FY2020Sales ratio to Mitsubishi Corporation declinedAnnual report
「Mitsubishi Corporation 30,740 67.9」
The relationship with Mitsubishi Corporation as parent company, product sales agent and key raw-material supplier remains in place, while sales to Mitsubishi Corporation as a percentage of total sales declined from 97.4% in the previous fiscal year to 67.9%. - FY2019RestatedAnnual report
「Mitsubishi Corporation is a sales agent for our products. It also sells us key raw materials and other items.」
The company continues to disclose its relationship with Mitsubishi Corporation, which is its parent company, sales agent and key raw-material supplier. Sales to Mitsubishi Corporation totaled ¥45.735 billion in the current fiscal year, accounting for 97.4% of total sales. - FY2018RestatedAnnual report
「Mitsubishi Corporation is a sales agent for our products. It also sells us key raw materials and other items.」
The company continues to disclose its relationship with Mitsubishi Corporation, which is its parent company, product sales agent and key raw-material supplier. Sales to Mitsubishi Corporation totaled ¥47.026 billion in the current fiscal year, accounting for 97.6% of total sales. - FY2016First statedAnnual report
「Mitsubishi Corporation is a sales agent for our products. It also sells us key raw materials and other items.」
Mitsubishi Corporation’s ownership interest is 59.9%, and sales to the company accounted for 97.4% of sales in the current consolidated fiscal year.