Capital and Business Relationship with Mitsubishi Electric
First written in FY2016. 3 of 12 entries say "Restated". Latest entry: 2026-08-19.
The whole theme swung hardest in 2021: 1 of 9 companies on the "Worse" side.
9 other companies' latest entry also says "Other".
- 2026-08-19OtherOccurring Fact
「Before the change: Major shareholder (largest shareholder) 2,472 units (247,200 shares) 18.5% Rank 1 / After the change: — 734 units (73,400 shares) 5.5% Rank 2」
Mitsubishi Electric Corporation’s voting-rights ownership decreased from 18.5% to 5.5%, and it ceased to be a major shareholder and the largest shareholder. It continued to hold 5.5%; the disclosure does not state that the capital or business relationship ended. - FY2026Slight decrease in ownership ratio and increase in salesAnnual report
「Mitsubishi Electric Corporation owns 18.5% of the voting rights of the Company and has a relationship with the Company involving sales of the Company’s products and purchases of some Mitsubishi Electric products and other items. / Sales of information and communications equipment 4,835,845」
Mitsubishi Electric’s voting interest declined slightly from 18.8% to 18.48%, while sales of information and communications equipment increased from ¥1,755.401 million to ¥4,835.845 million. - 2026-06-03OtherGeneral Meetings of Shareholders
「Major shareholder: Mitsubishi Electric Corporation」
Mitsubishi Electric Corporation was listed as a major shareholder, with an ownership ratio of 18.5% of voting rights. - FY2026-H1Slight decline in Mitsubishi Electric’s ownership ratioAnnual report
「Mitsubishi Electric Corporation 2-7-3 Marunouchi, Chiyoda-ku, Tokyo 247 18.48」
Mitsubishi Electric held 247 thousand shares, representing 18.48% of issued shares. This was a slight decline from 18.8% in the previous fiscal year. - FY2025Decline in ownership ratio and salesAnnual report
「Mitsubishi Electric Corporation owns 18.8% of the voting rights of the Company and has a relationship with the Company involving sales of the Company’s products and purchases of some Mitsubishi Electric products and other items. / Sales of information and communications equipment 1,755,401」
Mitsubishi Electric’s voting interest declined from 19.0% to 18.8%, while sales of information and communications equipment decreased from ¥2,749.144 million to ¥1,755.401 million. - FY2025-H1Further decrease in Mitsubishi Electric Corporation’s ownership ratioAnnual report
「Mitsubishi Electric Corporation 2-7-3 Marunouchi, Chiyoda-ku, Tokyo 247 18.80」
Mitsubishi Electric Corporation’s ownership ratio fell from 19.0% in FY2024 to 18.8%. - FY2024Slight decrease in ownership ratio and increase in salesAnnual report
「Mitsubishi Electric Corporation holds 19.0% of the Company’s voting rights and has a business relationship with the Company involving the sale of the Company’s products and the purchase of certain Mitsubishi Electric Corporation products and other items. / Telecommunications equipment sales 2,749,144」
Mitsubishi Electric Corporation’s voting interest fell slightly from 19.1% to 19.0%, while telecommunications equipment sales amounted to ¥2,749.144 million, and the business relationship continued. - FY2022RestatedAnnual report
「Mitsubishi Electric Corporation holds 19.1% of the Company’s voting rights and has a business relationship with the Company involving the sale of the Company’s products and the purchase of certain Mitsubishi Electric Corporation products and other items.」
Mitsubishi Electric Corporation, a major shareholder holding 19.1% of the voting rights, has continued its business relationship with the Company, including the sale of the Company’s products. - FY2021RestatedAnnual report
「Mitsubishi Electric Corporation holds 19.1% of the Company’s voting rights and has a business relationship with the Company involving the sale of the Company’s products and the purchase of certain Mitsubishi Electric Corporation products and other items.」
Mitsubishi Electric Corporation holds 19.1% of the voting rights as a major shareholder, and transactions involving sales of the Company’s products and purchases of Mitsubishi Electric Corporation products and other items have continued. Sales of telecommunications equipment to Mitsubishi Electric Corporation during the fiscal year were ¥1,720.777 million. - FY2019RestatedAnnual report
「Mitsubishi Electric Corporation holds 19.2% of the Company’s voting rights and has a business relationship with the Company involving the sale of the Company’s products and the purchase of certain Mitsubishi Electric Corporation products and other items.」
Mitsubishi Electric Corporation holds 19.2% of the voting rights as a major shareholder, and business transactions including sales of the Company’s products have continued. Sales to Mitsubishi Electric Corporation during the fiscal year were ¥2,647.484 million. - FY2017ReframedAnnual report
「On 23 February 2017, Mitsubishi Electric Corporation, which had been an other affiliated company, sold 2,200,000 of the Company’s shares that it held, and consequently ceased to qualify as an other affiliated company.」
Mitsubishi Electric Corporation’s direct voting interest changed from 31.9% to 19.2%, and its relationship classification changed from other affiliated company to major shareholder. Meanwhile, sales to Mitsubishi Electric Corporation during the fiscal year were ¥5.949 billion, accounting for 22.8% of consolidated net sales. - FY2016First statedAnnual report
「In the manufacture and sale of telecommunications equipment, the Company manufactures and sells equipment related to optical transmission systems, security and surveillance systems, remote measurement and sensing systems, and wireless application systems. It also undertakes the manufacture of certain related equipment from Mitsubishi Electric Corporation, an other affiliated company.」
Mitsubishi Electric Corporation holds 31.9% of the voting rights. Sales to Mitsubishi Electric Corporation during the fiscal year were ¥6.866 billion, accounting for 21.0% of consolidated net sales.