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Notice of Change in the Status of the Non-parent Controlling Shareholder

2014-6-27

FUNAI ELECTRIC CO., LTD.

 

1. Background to the change

Confirmation of the register of shareholders as of March 31, 2014 indicated that Tetsuro Funai no longer meets the definition of non-parent controlling shareholder of the Company as a result of a transfer of the Company’s shares previously held by a company in which a close relative of former controlling shareholder Tetsuro Funai holds a majority of voting rights.

2. Outline of the non-parent controlling shareholder whose status has changed

(1) Name Tetsuro Funai
(2) Address Osaka, Osaka
(3) Relationship between the Company and the shareholder Chairman

 

3. Date of confirmation of the change

 March 31, 2014

4. Number of voting rights and percentage of voting rights held by the shareholder before and after the change

 AttributePercentage of voting rights held (%)
Directly heldIndirectly heldTotal
Before the change Controlling shareholder 127,092
(37.26%)
45,668
(13.39%)
172,760
(50.65%)
After the change Major shareholder 127,092
(37.26%)
40,874
(11.98%)
167,966
(49.24%)

5. Future outlook

This change will have no effect on the Company’s business performance.

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