Hyoki Kaiun Kaisha reases Capital Tie-Up with Major Shareholder DAIWA INDUSTRY

TOKYO, Jul 23 (Pulse News Wire) – Hyoki Kaiun Kaisha,ltd. (9362.T) disclosed that Daiwa Industry Co., Ltd., which holds a significant stake of 20.5%, remains a key strategic partner.

In January 2025, Hyoki Kaiun entered into a capital and business alliance agreement aimed at enhancing mutual enterprise value. This partnership includes the appointment of two directors recommended by Daiwa Industry to facilitate smooth operations and sustainable growth.

Hyoki Kaiun maintains independent decision-making in its dealings with Daiwa Group companies, ensuring no undue constraints despite the close relationship. The company emphasizes its commitment to maintaining operational independence while leveraging synergies through the alliance.

No additional related-party transactions were reported beyond those typically conducted under general trading conditions.