Kyowa Leather Cloth Reports Toyota Motor Corp. as Major Shareholder

TOKYO, June 25 (Pulse News Wire) – Kyowa Leather Cloth CO.,LTD. (3553.T) reported that Toyota Motor Corporation holds 35.1% of its voting rights as of March 31, 2026.

Toyota is classified as another related company within the group structure and is listed on the Nagoya Securities Exchange. Toyota's influence extends beyond equity holdings, accounting for approximately 20% of the company’s sales revenue. Additionally, Toyota plays a significant role in Kyowa Leather Cloth's management through executive recruitment and talent development initiatives.

Despite Toyota's substantial stake, Kyowa maintains operational independence. The company conducts independent research and development, procurement, production, and sales activities, negotiating individual transaction conditions similar to general trade agreements. This ensures a balance between leveraging Toyota's resources and maintaining strategic autonomy.