TOKYO, Jun 17 (Pulse News Wire) – FUJI OOZX Inc. (7299.T) disclosed details regarding its controlling shareholder, Daido Special Steel Co., Ltd.
As of March 31, 2026, Daido Special Steel holds 47.95% of voting rights directly and 6.30% through consolidated entities, totaling 54.25%. Additionally, FUJI OOZX purchases special steel materials from Daido Special Steel based on general trading conditions agreed upon annually, considering total cost and market prices.
In the fiscal year ending March 31, 2026, FUJI OOZX conducted significant transactions with its affiliate, Daido Kogyosha, amounting to ¥3.320 billion in trade volume and ¥345.1 million in accounts payable at the end of the period. The company ensures minority shareholders' interests by maintaining independence and fairness in dealings with related parties, with oversight by an advisory committee chaired by an external director focused on protecting minority shareholder benefits.
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