TOKYO, Mar 30 (Pulse News Wire) – Keiyo GAS CO.,LTD. (9539.T) disclosed that its related company, South Yuu Shōsha Corporation, holds a controlling stake of 30.3%.
South Yuu Shōsha owns 30.3% of Keiyō Gas' voting rights directly without any additional aggregated holdings. South Yuu Shōsha engages in wholesale petroleum products and supplies raw materials to Keiyō Gas. Additionally, the president of South Yuu Shōsha also serves as the chairman of Keiyō Gas.
However, there are no restrictions imposed by South Yuu Shōsha on Keiyō Gas’ operations, nor does it pose significant risks or impacts on Keiyō Gas’ performance or financial status. In the fiscal period ending December 31, 2025, Keiyō Gas reported transactions totaling ¥1.857 billion with South Yuu Shōsha for purchasing raw materials, resulting in accounts payable and notes payable of ¥261 million at the end of the period. There were no real estate rental transactions recorded during this time.
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