SILITECH TECHNOLOGY CORPORATION Becomes Largest Shareholder and Participates in Management
First written in FY2025. 1 of 2 entries say "Advanced", first in 2026-06-25. Latest entry: 2026-06-25.
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- 2026-06-25AdvancedGovernance
「There are no restrictions on our business activities, such as matters requiring approval by SILITECH. Our business operations are based on the fundamental principle of autonomy and independence. SILITECH does not prevent us from making our own management decisions.」
After confirming that SILITECH TECHNOLOGY CORPORATION holds 45.07% of voting rights and that 1 of the 7 directors is an executive of the company, the disclosure specified that there are no business restrictions such as approval requirements and that the relationship is based on autonomy and independence. - FY2025First statedAnnual report
「In March 2025, SILITECH TECHNOLOGY CORPORATION became the largest shareholder through a capital investment. As a result of the tender offer for the Company's common shares conducted by SILITECH TECHNOLOGY CORPORATION by March 2025, it acquired 45.00% of the Company's total issued shares (the ownership ratio at the time of acquisition) and became the Company's largest shareholder. As a result, the Company became an equity-method affiliate of SILITECH TECHNOLOGY CORPORATION. The Company expects to benefit from the sales channels of SILITECH TECHNOLOGY CORPORATION, which has newly become the Company's largest shareholder, and its corporate group, improve efficiency in procurement and manufacturing by leveraging global resources, share expertise in international legal affairs and taxation, and expand into new business areas.」
SILITECH TECHNOLOGY CORPORATION acquired 45.00% of the issued shares through a tender offer and became the largest shareholder and other affiliated company, with the position changing from Fujitsu to SILITECH TECHNOLOGY CORPORATION. The Company outlined a policy of leveraging the SILITECH TECHNOLOGY CORPORATION group’s sales channels, procurement and manufacturing resources, legal and tax expertise, and new business areas, and also described its agreement with Fujitsu regarding the right to nominate 1 director.