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SIIX Emphasizes Independence Despite 22.94% Stake Held by Sakata INX

Story Highlights
  • SIIX confirms Sakata INX holds 22.94% but contributes only negligible purchases.
  • Company highlights independent governance and minimal transactions to assure stakeholder autonomy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SIIX Emphasizes Independence Despite 22.94% Stake Held by Sakata INX

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Siix Corporation ( (JP:7613) ) has provided an announcement.

SIIX Corporation has disclosed its relationship with Sakata INX Corporation, which holds 22.94% of SIIX’s voting rights and is classified as an equity-method affiliate listed on the Tokyo Stock Exchange Prime Market. Despite this stake and a historic spin-off relationship, purchases from Sakata INX account for only 0.18% of SIIX’s consolidated total purchases, underscoring minimal business dependence.

The company stresses that it operates independently of Sakata INX, noting that their core businesses—electronic components for SIIX and printing inks for Sakata INX—are separate and do not create operational restrictions or management influence. Governance decisions, including strategy, personnel, and remuneration, are made by SIIX’s board and an advisory committee without involvement from Sakata INX, and there were no significant transactions with the affiliate in fiscal 2025, reinforcing SIIX’s claim of secured independence for stakeholders.

The most recent analyst rating on (JP:7613) stock is a Buy with a Yen1293.00 price target. To see the full list of analyst forecasts on Siix Corporation stock, see the JP:7613 Stock Forecast page.

More about Siix Corporation

SIIX Corporation is a Japan-based trading company primarily engaged in the sale of electronic components. Spun off from printing ink manufacturer Sakata INX in 1992, it operates in a distinct business domain, focusing on electronics-related products and acting in limited cases as an export agent for Sakata INX’s printing inks in certain regions.

Average Trading Volume: 234,798

Technical Sentiment Signal: Hold

Current Market Cap: Yen57.47B

See more data about 7613 stock on TipRanks’ Stock Analysis page.

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