arrow_drop_down
arrow_drop_down
arrow_drop_down
arrow_drop_down
arrow_drop_down
Related Party Transactions
Related persons and connected transaction
Responsible Directors of the Company
1) Mr.Yoichi Muramoto
2) Mr.Shinichiro Yamamoto
Relationship of the responsible Directors
| No. | Parent Company, Subsidiary, and Related Companies | the Company’s Directors and Executives | Directors and Executives interest | Relationship information |
|---|---|---|---|---|
| 1 | Parent Company [MIC] | |||
| Muramoto Industry Co.,Ltd. (Japan) | Mr.Yochi Muramoto | The President of MIC and owns 1.67 share | – MIC is the major shareholder (72.25%) of the Company and provides technical and financial support Including assistance in marketing Development | |
| Mr. Shinichiro Yamamoto | The Executive Managing Director of MIC | – MIC acquires various parts, and other raw material from Japanese Manufacturers to sell to the Company. |
||
| – MIC is acting sales and marketing agent on case-by-case basis for the Company. | ||||
| 2 | Subsidiary [SIMA] | |||
| Sima Technology Co., Ltd. | Mr. Yoichi Muramoto | The Director of SIMA | – SIMA is a subsidiary of the Company which hold 99.99% of its shares. | |
| 3 | Related Company [MAPLE] | |||
| Muramoto Audio-Visual Philippines Inc. (Philippines) | Mr. Yoichi Muramoto | The President of MAPLE | – MAPLE is subsidiary of MIC. | |
| 4 | Related Company [MUI] | |||
| Muramoto USA Inc. (USA) | Mr. Yoichi Muramoto | The President of MUI | – MUI is subsidiary of MIC. | |
| – MUI is acting sales and marketing agent on case-by-case basis for the Company. | ||||
| 5 | Related Company [MME] | |||
| Muramoto Manufacturing Europe S.R.O. (Czech) | Mr. Yoichi Muramoto | The President of MME | – MME is subsidiary of MIC. | |
| Parent Company, Subsidiary, and Related Companies | |
|---|---|
| MIC | = Muramoto Industry Co., Ltd |
| SIMA | = Sima Technology Co., Ltd. |
| MAPLE | = Muramoto Audio-Visual Philippines Inc. |
| MUI | = Muramoto USA. Inc. |
| MME | = Muramoto Manufacturing Europe S.R.O. |