A company that owns or controls another company (子会社, subsidiary). Used in business and legal contexts.
This subsidiary is a wholly owned subsidiary of the parent company.
親会社の経営方針が子会社にも適用される。
The management policies of the parent company also apply to its subsidiaries.
Company A made Company B its subsidiary and became its parent company.
The parent company of that manufacturer is a major trading firm.
The division became independent from its parent company and established a new company.