TOKYO, Mar 26 (Pulse News Wire) – BP Castrol K.K. (5015.T) disclosed significant shareholder information, highlighting its relationship with parent company BP plc.
As of December 31, 2025, BP plc held 64.9% of voting rights through subsidiaries Castrol Limited and T.J. Corporation, indirectly owning 64.9% of BP Castrol K.K.'s shares. BP Castrol operates within the lubricants segment of the bp group, handling exclusive sales of bp-branded products in Japan's automotive lubricants market. The company holds licensing agreements for trademarks and technology related to lubricants, paying royalties based on global brand strength and technological capabilities.
Additionally, BP Castrol collaborates with bp group companies on various services, including enterprise ethics, health and safety, and IT support, while maintaining independent operations as a publicly traded entity. Financial dealings with major shareholders include a loan agreement with BP International Limited, a subsidiary of BP plc, amounting to ¥35.715 billion as of December 31, 2025. The company also receives management fees under mutual service contracts. These transactions adhere to fair conditions and are reviewed regularly by the board to ensure minority shareholder protection.
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