ECHO TRADING CO.,LTD. [7427.T]
TOKYO, Apr 17 (Pulse News Wire) – Echo Trading CO.,LTD. (7427.T) disclosed key supplier information related to its affiliate, Koba Group Holdings Co., Ltd., for the fiscal year ending February 28, 2026.
According to the report, Koba Group Holdings Co., Ltd. holds 20.84% of ECHO Trading's voting rights and is the largest shareholder. Additionally, Koba Group Holdings nominated one non-executive director to ECHO Trading’s board. In the fiscal year ended February 28, 2026, ECHO Trading purchased goods worth ¥148.9 billion from Koba Group Holdings, accounting for 28.84% of total purchases.
As of February 28, 2026, the outstanding balance of trade receivables and accounts payable stood at ¥1.489 billion. The trading conditions with Koba Group Holdings are consistent with those offered to general suppliers based on market prices. ECHO Trading maintains independent decision-making processes and ensures operational autonomy despite purchasing pet food and supplies from Koba Group Holdings. There are no significant constraints imposed by this relationship on ECHO Trading’s business activities or management decisions.
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