Harmonic Drive Systems Inc. [6324.T]
TOKYO, Jun 18 (Pulse News Wire) – Harmonic Drive Systems Inc. (6324.T) disclosed that as of March 31, 2026, KODEN Holdings Corp., its related company, holds a 35.40% equity stake without direct listing on any stock exchange.
KODEN Holdings acts as a holding company overseeing strategic planning and management for companies such asand Tokyo Aviation Instruments Co., Ltd., which operate in manufacturing and sales of electronic equipment and various instruments. These businesses differ significantly from Harmonic Drive Systems’ focus on producing actuators and reducers for precise motion control.
As a result, trade relations between Harmonic Drive Systems and the group are minimal, allowing the company to pursue independent operations free from constraints imposed by the group. Furthermore, there are currently no personnel ties between the two entities, ensuring Harmonic Drive Systems maintains sufficient independence in making operational decisions.
There are no significant transactions reported between the dominant shareholder and the company, nor are there plans for changes in their future relationship within the corporate group.
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