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Default2327NS Solutions Corporation · TSE Prime

NS Solutions Reports Major Shareholding Details From Parent Company Nippon Steel

– NS Solutions Corporation (2327.F) disclosed major shareholding details from its parent company, Nippon Steel Corporation. As of March 31, 2026, Nippon Steel held 63.43% of NS Solutions' voting rights.

During the fiscal year ending March 31, 2026, NS Solutions reported sales revenue of ¥70.56 billion to Nippon Steel, accounting for 18.5% of total sales. Nippon Steel's autonomy in operations ensures no undue constraints on NS Solutions’ activities. The companies maintain stable transactions, with Nippon Steel being the largest customer for NS Solutions.

Additionally, NS Solutions supports Nippon Steel’s digital transformation through advanced IT solutions, fostering significant synergies. In terms of minority shareholder protection, independent outside directors review and approve all significant transactions with the parent company. Financial dealings such as deposits and loans are conducted based on reasonable market conditions and rates.

NS Solutions temporarily places excess funds in secure, liquid, and economically viable options, including those offered by Nippon Steel, which provides favorable interest rates compared to similar short-term deposit alternatives.

PDFOriginal disclosureTDnet filing · Japanese · 15:30 JSTView original ↗
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