NIPPON SANSO HOLDINGS CORPORATION [4091.T]
TOKYO, Jun 22 (Pulse News Wire) – Nippon Sanso Holdings Corporation (4091.T) disclosed details regarding its controlling shareholder, Mitsubishi Chemical Group Co., Ltd. As of March 31, 2026, Mitsubishi Chemical Group holds a 50.7% stake in Nippon Sanso Holdings, directly owning all shares without any additional aggregated holdings.
In their capital relationship, Nippon Sanso Holdings operates independently based on its own management policies, with no significant operational constraints imposed by Mitsubishi Chemical Group. The companies maintain a broad business alliance aimed at expanding sales, enhancing product competitiveness, and exploring new markets. Regarding transactions between Nippon Sanso Holdings and Mitsubishi Chemical Group during the fiscal year ending March 31, 2026, the two entities engaged in management-related service fees amounting to 1,334.
These fees are determined based on Mitsubishi Chemical Group’s operating costs. To ensure minority shareholders' protection, Nippon Sanso Holdings adheres to fair contract conditions and prices when dealing with the controlling shareholder. Important non-core business transactions require board approval.
The company appoints independent outside directors comprising more than half of the board members (five out of nine) to guarantee objectivity and transparency in discussions involving dealings with the controlling shareholder.
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