Nakabohtec Corrosion Protecting Co.,Ltd. [1787.T]
TOKYO, May 25 (Pulse News Wire) – Nakabohtec Corrosion Protecting CO.,LTD. (1787.T) disclosed that Mitsui Metal Corporation holds a significant share of 31.94% as of March 31, 2026.
The company's relationship with Mitsui Metal includes financial arrangements such as depositing surplus funds into Mitsui Metal’s predeposit system, which generates interest income. Additionally, four out of nine directors and two out of four audit committee members are appointed from Mitsui Metal to ensure operational transparency and integrity.
As of March 31, 2026, Nakabohtec had 282 employees, with one person transferred from Mitsui Metal to strengthen the accounting department and another to bolster the general affairs division. In the fiscal year ending March 31, 2026, Nakabohtec reported transactions totaling ¥3,561.68 million related to deposits and interest received from Mitsui Metal.
The company noted that the interest rate was determined based on market rates.
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