TOKYO, Jun 19 (Pulse News Wire) – Aichi Corporation (6345.T) disclosed significant shareholders and affiliates as of March 31, 2026. Itochu Corporation holds 27.5% of the voting rights, making it the largest shareholder.
Toyota Industries Corp. owns 21.6%, also classified as a major affiliate. Itochu Corporation, which holds the highest percentage of voting rights among related companies, has entered into a capital and business alliance agreement with Aichi Corporation. This partnership primarily focuses on high-reach work vehicle sales, financing, after-sales services, and used vehicle circulation.
Despite this collaboration, Aichi maintains independent decision-making through its board of directors. Additionally, three employees from Itochu are seconded to Aichi. Toyota Industries Corp., another key affiliate holding 21.6% of voting rights, collaborates with Aichi on certain industrial vehicle operations, including the sale and parts trading of high-reach work vehicles and OEM supply of skid-steer loaders. One member of Aichi's board of directors, serving as an audit committee member, is appointed from Toyota Industries, alongside three seconded employees.
Transactions between Aichi and its affiliated groups are conducted under fair and just conditions similar to those with general suppliers, ensuring no impact on Aichi’s operational independence.
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