Hochiki Reports Major Shareholder Details
TOKYO, Jun 26 (Pulse News Wire) – HOCHIKI CORPORATION (6745.T) disclosed major shareholder details involving ALSOK Corporation, which holds 17.50% of its voting rights. According to the report, ALSOK Corporation became a significant related party since May 2004 through a business alliance focusing on disaster prevention and security services.
As of March 31, 2026, ALSOK had one executive appointed to HOCHIKI's board. In the fiscal year ending March 31, 2026, transactions between HOCHIKI and ALSOK amounted to ¥18.68 billion, with outstanding balances of ¥3.152 billion recorded as receivables and ¥303 million as accounts receivable and contract assets.
The transaction conditions are determined based on market prices and total costs through periodic negotiations, ensuring a degree of independence. Additionally, ALSOK changed its name from Sumitomo Security Co., Ltd.
On July 16, 2025.
