Conflicts of Interest and Independence Risks Arising from Parent-Company Control
First written in FY2020. 3 of 6 entries say "Restated". Latest entry: 2026-06-25.
53 other companies' latest entry also says "Restated".
- 2026-06-25RestatedGovernance
「OMRON Corporation (hereinafter “OMRON”) acquired 15,000 thousand shares of our common stock through a tender offer for our common stock dated 16 October 2023. As a result, OMRON’s voting rights ratio exceeded 50%, and OMRON became our parent company, newly changing from another affiliated company.」
The company has reaffirmed that OMRON is its parent company and that OMRON holds 54.19% of voting rights. The content of the canonical thread remains unchanged. - FY2026-H1RestatedAnnual report
「OMRON Corporation 35,459 54.21」
As of 30 September 2025, OMRON held 35,459 thousand shares and 54.21% of the voting rights, and the conflict-of-interest and independence risks arising from parent company control continue. - FY2025RestatedAnnual report
「OMRON Corporation (Note 2) Owned 54.3」
OMRON is the parent company, holding 54.3% of the voting rights, and the conflict-of-interest and independence risks arising from parent company control continue. - FY2024-Q2MaterialisedAnnual report
「As a result, settlement of this tender offer took place on 16 October 2023, the commencement date of settlement for the tender offer, and because the tender offeror's voting rights exceeded 50% of the voting rights of all shareholders of the company, the tender offeror came to qualify as the company's parent company.」
OMRON's tender offer was completed and settled, and its voting interest exceeded 50%, meaning that majority control by a parent company, which had previously been eliminated, was re-established in practice. - FY2022MitigatedAnnual report
「As a result of OMRON Corporation acquiring shares sold by ノーリツ鋼機株式会社 on 25 February 2022, ノーリツ鋼機株式会社 ceased to qualify as our parent company, while OMRON Corporation became our other affiliated company.」
ノーリツ鋼機株式会社 ceased to qualify as the parent company, and OMRON, with 33.0% of the voting rights, became an other affiliated company, ending the former parent's majority voting control. However, the relationship with the major shareholder and other affiliated company remains. - FY2020First statedAnnual report
「As of the end of the current consolidated fiscal year, our parent company, ノーリツ鋼機株式会社, owns 62.9% of our voting rights. Accordingly, ノーリツ鋼機株式会社 holds decision-making authority or veto rights over matters requiring a special resolution or an ordinary resolution at a shareholders meeting.」
Describes the control and conflict-of-interest risks arising from the parent company's ownership of 62.9% of the voting rights.