KODEN Holds 35.4% Voting Rights in Harmonic Drive Systems

MT Newswires Live06-19

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.

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