TOKYO, Jun 25 (Pulse News Wire) – JMDC Inc. (4483.T) disclosed that Omron Corporation became its controlling shareholder following a tender offer completed on October 16, 2023.
As a result of acquiring approximately 54.19% of JMDC's shares through the public offering, Omron now holds more than the threshold percentage required for control. Omron appointed one executive director to JMDC’s board on June 21, 2022.
However, JMDC maintains that there is no operational dependency or involvement in management decisions from Omron or its affiliates, ensuring a degree of independence. In the fiscal year ending March 31, 2026, JMDC reported no significant transactions with Omron or its group companies.
The company stated that it carefully evaluates the necessity and conditions of any potential future dealings from a minority shareholder protection perspective.
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