FilingReader Intelligence

Unicharm: Unitec holds significant stake, maintains independence

March 21, 2025 at 12:02 PM UTCBy FilingReader AI

Tokyo, March 21, 2025 - Unicharm Corporation (TSE: 8113) addressed concerns regarding its relationship with Unitec Corporation, a significant shareholder. In a statement released today, Unicharm confirmed that Unitec holds 26.44% of its voting rights as of December 31, 2024. Despite this substantial ownership, Unicharm emphasized that Unitec has not exerted influence over the company's business activities or management decisions through shareholder proposals or other means. Unicharm further confirmed that there is no overlap in board membership between the two companies, underscoring its operational independence. No significant transactions with the controlling shareholder were reported.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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