TOKYO, Apr 27 (Pulse News Wire) – Chuo Spring CO.,LTD. (5992.T) disclosed its major shareholder structure and key transactions for the fiscal year ending March 31, 2026.
As of March 31, 2026, Toyota Motor Corporation holds 24.48% of the company's voting rights, making it a significant related party. Toyota remains a crucial trading partner for CHUO SPRING, accounting for approximately 28.84% of the group’s sales revenue during the fiscal year from April 1, 2025, to March 31, 2026. While the company’s performance could be affected by fluctuations in Toyota's sales trends, there are no operational constraints imposed by Toyota. CHUO SPRING maintains a degree of independence through its own research and development, planning, procurement, production, and sales activities.
The company believes it possesses negotiation power within the Toyota Group, ensuring some level of autonomy in its operations. Regarding transactions with related parties, CHUO SPRING reported sales of auto parts amounting to ¥3.593 billion, with accounts receivable totaling ¥38.02 billion. Additionally, purchases of auto parts reached ¥126 million, resulting in accounts payable of ¥1.343 billion. Other notable transactions included electronic recorded debts worth 1,321 million yen and two instances of uncollected income.
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