TOKYO, Mar 31 (Pulse News Wire) – J.E.T.Co.,LTD. (6228.T) disclosed that its parent company, ZEUS Co., Ltd., holds 66.3% of its voting rights.
ZEUS Co., Ltd. operates primarily in manufacturing and selling semiconductor and flat panel display equipment in South Korea. During the fiscal year ending December 31, 2025, J.E.T.Co.,LTD. conducted various transactions with ZEUS Co., Ltd., totaling ¥140 million Korean won in sales receivables and ¥537 million Korean won in procurement costs. The company also reported that it maintains independent operations through measures such as appointing three outside directors and two outside auditors to ensure transparency and protect minority shareholders' interests.
Transactions with the parent company are reviewed by a special committee to prevent conflicts of interest and ensure fair conditions. Quarterly reports of dealings with ZEUS Co., Ltd. are presented to the board to safeguard minority shareholder benefits. In addition, J.E.T.Co.,LTD. highlighted that there are no overlapping businesses within the group; instead, their activities are clearly delineated, avoiding competition.
However, future changes in ZEUS Co., Ltd.'s management policies or capital relations could potentially impact J.E.T.Co.,LTD.’s operations.
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