K&O Energy Group Inc. [1663.T]
TOKYO, Mar 27 (Pulse News Wire) – K&O Energy Group Inc. (1663.T) disclosed that Air Water Co., Ltd.
Holds 17.1% of its voting rights, making it a significant shareholder. Air Water Co., Ltd. operates in industrial gases, environmental solutions, medical products, agricultural and food-related sectors, and engages in capital and business tie-ups aimed at mutual development and value enhancement. In 2014, K&O Energy entered into a capital and business alliance agreement with Air Water Co., Ltd., facilitating sales transactions and technology exchanges.
Additionally, a member of Air Water Co., Ltd. serves on K&O Energy's board of directors without any overlapping roles. Regarding intercompany transactions during the fiscal year ending December 31, 2025, the dealings between K&O Energy and its subsidiaries with Air Water Co., Ltd. were minor, thus requiring no further disclosure.
K&O Energy maintains operational independence based on its own group management philosophy and ensures fair transaction conditions through market-based pricing mechanisms.
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