Sharp Reports Parent Company Holding Over 50% Voting Rights

TOKYO, Jun 23 (Pulse News Wire) – Sharp Corporation (6753.T) disclosed that its parent company, Hon Hai Precision Industry Co., Ltd., holds more than 50% of the voting rights through direct holdings and indirect interests via subsidiaries. As of March 31, 2026, Hon Hai Precision Industry directly owns 22.3% shares and indirectly controls an additional 11.8% shares held by Foxconn (Far East) Limited, resulting in total control of 34.1% shares.

Additionally, Foxconn Technology Pte. Ltd. and SIO International Holdings Limited, which are closely related to Hon Hai Precision Industry, contribute further to the overall influence, bringing the combined voting power to 54.2%.

The company emphasizes maintaining independence while fostering close cooperation within the group to maximize synergies. Sharp Group operates independently yet collaborates closely with Hon Hai Precision Industry to enhance operational efficiency and expand revenue and profits. There are no competitive conflicts within the parent group due to distinct brand businesses operated by Sharp Group.

In transactions involving controlling shareholders, Sharp ensures fair conditions and transparency, subjecting significant deals to scrutiny by an independent board majority composed of outside directors prior to approval.