Japan Aviation Electronics Industry,Limited [6807.T]
TOKYO, Jun 24 (Pulse News Wire) – Japan Aviation Electronics Industry,limited (6807.T) disclosed that Kyocera Corporation remains a significant related party holding 32.99% of voting rights as of March 31, 2026. Under their capital and business alliance agreement signed on October 30, 2025, Kyocera respects and supports the company's independent management while maintaining a voting rights ratio of 32.99%.
Kyocera also agreed to appoint one director to the board, subject to mutual consent on candidate selection. Additionally, Kyocera committed to refrain from transferring shares without prior written approval from Japan Aviation Electronics Industry, ensuring protection of general shareholders' interests.
Independent outside directors oversee key decisions and conflicts of interest through special committees. The alliance focuses on advancing connector business growth and enhancing operational synergies, with minimal impact on governance.
No significant transactions or behaviors conflicting with general shareholders’ interests have been reported.
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