Fuji Nihon Corporation [2114.T]
TOKYO, Apr 30 (Pulse News Wire) – Fuji Nihon Corporation (2114.T) disclosed that its major shareholder, Double Day Co., Ltd., holds a combined direct and indirect stake of 33.4%. As of March 31, 2026, Double Day Co., Ltd.
Owns 31.8% directly and 1.6% indirectly through related companies. In operational collaboration, Fuji Nihon purchases raw sugar from Double Day Food Materials Co., Ltd., a subsidiary of Double Day Co., Ltd., for its sugar-related businesses. Additionally, Fuji Nihon sells functional materials to Double Day Co., Ltd. and its subsidiaries.
To enhance oversight and ensure objectivity in decision-making processes. Financial transactions reveal that Fuji Nihon had sales worth ¥2.6 million with Double Day Co., Ltd., resulting in trade receivables of __NUM_1__ million yen. Similarly, Fuji Nihon’s wholly-owned subsidiary, Unitec Foods Co., Ltd., reported sales of ¥21.0 million and purchase transactions totaling 11,536 million yen with Double Day Co., Ltd. All pricing and trading conditions align with those of general suppliers.
This disclosure underscores the significant influence and collaborative relationship between Fuji Nihon and Double Day Co., Ltd., ensuring mutual benefits and strategic advantages in their respective operations.
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