TYO:6324

2 stories mentioning TYO:6324Updated 45d ago

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KODEN Holds 35.4% Voting Rights in Harmonic Drive Systems

KODEN now holds a 35.4% voting rights in Harmonic Drive Systems (TYO:6324), according to a Tokyo bourse filing on Thursday.The company operates independently in manufacturing high-precision actuators and speed reducers, with minimal inter-company transactions and no personnel exchanges with KODEN's group.KODEN is the strategic holding company that oversees group operations through its subsidiaries, including Koden Electronics and Tokyo Aircraft Instrument, which manufacture and sell electronic devices and instruments.Management decision-making remains fully autonomous, with no planned changes to this corporate relationship structure.

TYO:6324

Asia47d ago

Harmonic Drive Systems Receives 2.14 Billion Yen Dividend from German Consolidated Subsidiary

Harmonic Drive Systems (TYO:6324) received a dividend of 2.14 billion yen or 11 million euros from consolidated subsidiary Harmonic Drive SE in Germany on May 8.The company will record the euro-denominated payout as non-operating income in its non-consolidated financial results for the fiscal year ending March 31, 2027, according to a Tokyo bourse filing on Wednesday.

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