MUSASHI SEIMITSU INDUSTRY CO.,LTD. [7220.T]
TOKYO, Jun 22 (Pulse News Wire) – Musashi Seimitsu Industry CO.,LTD. (7220.NG) voting rights, making it the controlling shareholder.
During the fiscal year ending March 31, 2026, sales to Honda Motor Co. and its subsidiaries accounted for 50.7% of Musashi Seimitsu’s consolidated revenue. Musashi Seimitsu maintains independence in operations, transactions, and decision-making despite close ties with Honda Motor Co. through capital and trade relations.
In the fiscal year from April 1, 2025, to March 31, 2026, Musashi Seimitsu had transaction amounts totaling ¥21.93 billion and outstanding balances of ¥2.607 billion related to the sale of products to Honda Motor Co. These transactions included receivables and notes received for product sales. Transaction conditions and pricing are determined based on economic rationality, considering market prices and Musashi Seimitsu's production technology. Consumption tax is excluded from transaction amounts but included in outstanding balances.
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