TOKYO, Jun 29 (Pulse News Wire) – Fujisash CO.,LTD. (5940.T) disclosed significant shareholder information related to its affiliate, Culture Shutter Co., Ltd.
As of March 31, 2026, Culture Shutter Co., Ltd. holds 24.08% of Fujisash's voting rights, making it the largest shareholder. Culture Shutter Co., Ltd. is headquartered in Tokyo’s Bunkyo Ward and specializes in building materials and residential construction products.
The two companies entered into a basic agreement on capital and business cooperation on March 30, 2009, fostering collaboration across various fields. Fujisash maintains a cooperative relationship with Culture Shutter while preserving operational independence, ensuring no undue influence on management decisions. In the fiscal year ending March 31, 2026, Fujisash reported transactions totaling ¥921 million with Culture Shutter Co., Ltd., primarily involving purchases of shutter-related materials and payments through trade acceptances. The outstanding balance as of the end of the fiscal year was ¥478 million.
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