Nihon Seimitsu Co.,Ltd. [7771.T]
TOKYO, Jun 26 (Pulse News Wire) – Nihon Seimitsu CO.,LTD. (7771.T) disclosed major shareholder information regarding its related company, Gienko Corporation.
As of March 31, 2026, Gienko Corporation holds 21.12% of the voting rights in Nihon Seimitsu through direct holdings and other related companies. Gienko Corporation is listed on the Korea KOSDAQ exchange. In detail, Gienko Corporation became a significant shareholder of Nihon Seimitsu in December 2007 when it entered into a licensing agreement with Nihon Seimitsu's subsidiary, Murai Corporation, for the use of fashion brand eyewear and sunglasses. Additionally, in November 2009, the two companies established a joint venture, NS Murai Inc., in South Korea to secure and expand their markets there.
Despite these relationships, Nihon Seimitsu maintains operational independence. There are no cross-directorships among the seven directors of Nihon Seimitsu, ensuring that Gienko Corporation does not impede Nihon Seimitsu’s business activities. Furthermore, there are no managerial constraints imposed by Gienko Corporation, allowing Nihon Seimitsu to make independent strategic decisions. No changes are anticipated in the future relationship structure between the companies.
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