TOKYO, May 29 (Pulse News Wire) – Kanemi CO.,LTD. (2669.T) disclosed that its parent company, Pan Pacific International Holdings Corporation (PPIH), holds 40.3% of its voting rights as of February 28, 2026.
PPIH owns 40.3% of Kanemi's shares directly and operates several subsidiaries, including UD Retail Co., Ltd., Don Quijote Co., Ltd., and Nagasakiya Co., Ltd., which collectively account for 52.3% of Kanemi’s sales revenue during the fiscal year ending February 28, 2026. In addition to these operational ties, Kanemi maintains independent governance while fostering closer relationships within the group. The company emphasizes maintaining its listing on the Tokyo Stock Exchange Standard Market and ensuring fair trading conditions with minority shareholders.
Kanemi and PPIH collaborate closely in the prepared foods sector, leveraging their combined resources to create synergies and enhance overall performance. Regarding transactions with related parties from March 1, 2025, to February 28, 2026, Kanemi reported various dealings such as consignment sales and trade receivables. Notably, UD Retail had a transaction amount of ¥1.209 billion, while Don Quijote recorded a balance of ¥3.81 million in trade receivables.
Nagasakiya also engaged in similar activities, with a balance of ¥953,804 in trade receivables.
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