Komori
Governance6994SHIZUKI ELECTRIC COMPANY INC.Electrical Equipment and Precision Instruments

Matters Concerning Controlling Shareholders

Mitsubishi Electric Corporation sold its shares in the Company and ceased to qualify as an Other Affiliated Company of the Company effective 2 June 2026. As of 31 March 2026, it was the Company's largest shareholder, with a 22.9% voting rights ratio.

Worth reading
64In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
22.9
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
Mitsubishi Electric Corporation22.90%Voting rights

Other Affiliated Company; voting rights ownership ratio of 22.9% as of 31 March 2026; ceased to qualify as an Other Affiliated Company effective 2 June 2026

When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.

Changes this time

Effective 2 June 2026, Mitsubishi Electric Corporation ceased to qualify as an Other Affiliated Company of the Company because it sold its shares in the Company

Governance structure
ItemDetails
Controlling shareholderMitsubishi Electric Corporation (Other Affiliated Company; voting rights ownership ratio of 22.9% as of 31 March 2026; ceased to qualify as an Other Affiliated Company effective 2 June 2026)
Changes this timeEffective 2 June 2026, Mitsubishi Electric Corporation ceased to qualify as an Other Affiliated Company of the Company because it sold its shares in the Company
Items this document does not state (6)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defenses

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Mitsubishi Electric Corporation sold its shares in the Company.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Matters Concerning Controlling Shareholders | SHIZUKI ELECTRIC COMPANY INC. (6994) timely disclosure | Komori