Nippon Shindo Reports Ownership Structure and Key Relationships

TOKYO, Jun 24 (Pulse News Wire) – Nippon Shindo CO.,LTD. (5753.T) disclosed its ownership structure and key relationships as of March 31, 2026.

CK Sanetsu Co., Ltd., which holds 50.1% of the voting rights, serves as the parent company. The company's shares are listed on the Tokyo Stock Exchange. CK Sanetsu Co., Ltd. owns 50.1% of NIPPON SHINDO’s shares, making it the controlling shareholder.

Despite significant intercompany transactions, NIPPON SHINDO maintains operational independence while fostering close cooperation within the group. Specifically, NIPPON SHINDO conducts business with several subsidiaries of CK Sanetsu Co., Ltd., including Sanetsu Metal Co., Ltd., Seikei Metal Co., Ltd., Riken CKJV Co., Ltd., Sanetsu Commercial Co., Ltd., and Niishin Earth Metal Co., Ltd. Transactions involve raw materials procurement, product sales, research collaborations, and personnel exchanges. All transaction prices and conditions are determined based on market realities, ensuring fair dealings.

Additionally, the board excludes related directors during decision-making processes involving such transactions to protect minority shareholders' interests.