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
| Parent Company, Subsidiaries, and Associated Companies | Responsible Directors | Position of the Responsible Directors | Items/Associated Values |
| 1. Muramoto Industry Co., Ltd. (Japan) (Parent Company) | 1. Mr. Yoichi Muramoto | – is the President of Muramoto Industry Co., Ltd. (Japan) and owns 1.46% shares | – MIC is the major shareholder (71.33%) of METCO and provides technical and financial support Including assistance in marketing Development. – MIC acquires various parts, and other raw material from Japanese Manufacturers to sell to METCO |
| 2. Mr. Shinichiro Yamamoto | – is the managing director of Muramoto Industry Co., Ltd. (Japan) | – MIC is acting sales and marketing agent on case-by-case basis for METCO | |
| 2. Muramoto Asia Pte., Ltd. (Singapore) (Associated Company) | 1. Mr. Yoichi Muramoto | – is the president of Muramoto Asia Pte., Ltd. | – Muramoto Asia Pte., Ltd. is in the same group as Muramoto Electron (Thailand) PLC. because Muramoto Industry Co., Ltd. owns its 100%. |
| 3. Muramoto Audio – Visual Philippines Inc. (Philippines) (Associated Company) | 1. Mr. Yoichi Muramoto | – is the chairman of Muramoto Audio – Visual Philippines Inc. | Muramoto Audio – Visual Philippines Inc. is 100% subsidiary of Muramoto Industry Co., Ltd. (Japan) |
| 4. Sima Technology Co., Ltd. (Thailand) (Subsidiary) | 1. Mr. Yoichi Muramoto | – Is the director of Sima Technology Co., Ltd. | – Sima Technology Co., Ltd. is a subsidiary of Muramoto Electron (Thailand) PLC. which hold 99.99% of its shares. – Sima Technology Co., Ltd. manufactures and assembles Electrical parts and its related parts. |
| 5. P.T. Muramoto Elektronika Indonesia (Associated company) | 1. Mr. Shinichiro Yamamoto | – is the director of MEI | – MEI is 99.99% subsidiary of MIC |
| 6. Muramoto Technics (Malaysia) Sdn., Bhd. (Associated Company) | N/A | N/A | – Muramoto Technics (Malaysia) Sdn., Bhd. is 100% subsidiary of Muramoto Asia Pte., Ltd. (Singapore) |
| 7. Muramoto USA. Inc. (USA) (Associated Company) | 1. Mr. Yoichi Muramoto | – is the president of MUI | – Muramoto USA. Inc. is 100% subsidiary of Muramoto Industry Co., Ltd. (Japan) Muramoto USA. Inc. is sales agent on case-by-case basis for Muramoto group. |
| 8. Muramoto Manufacturing Europe S.R.O. (Czech) (Associated Company) | 1. Mr. Yoichi Muramoto | – is the Prokura of MME | – Muramoto manufacturing Europe S.R.O. is 100% subsidiary of Muramoto Industry Co., Ltd. (Japan) |
| 9. Muramoto Manufacturing De Mexico (Mexico) (Associated Company) | 1. Mr. Yoichi Muramoto | – is the president of MMM | – Muramoto Manufacturing De Mexico is 90% subsidiary of Muramoto USA Inc. |
PARENT COMPANY, SUBSIDIARIES, AND ASSOCIATED COMPANIES
|
MIC |
= |
Muramoto Industry Co., Ltd. |
MUI |
= |
Muramoto USA. Inc. |
|
MTM |
= |
Muramoto Technics (Malaysia) Sdn., Bhd. |
MAP |
= |
Muramoto Asia Pte., Ltd. |
|
MEI |
= |
P.T. Muramoto Elektronika Indonesia |
SIMA |
= |
Sima Technology Co., Ltd. |
|
MAPLE |
= |
Muramoto Audio-Visual Philippines Inc. |
METCO |
= |
Muramoto Electron (Thailand) Public Company Limited. |
|
MMM |
=
|
Muramoto Manufacturing De Mexico
|
MME |
= |
Muramoto Manufacturing Europe S.R.O.
|
