Pietro PIE Group holds significant stake in Pietro CO.,LTD.; Major supplier of edible oil

TOKYO, May 15 (Pulse News Wire) – Pietro CO.,LTD. (2818.T) disclosed that PIE Group Co., Ltd.

Owns 15.30% of its voting rights as of March 31, 2026. PIE Group is recognized as having the greatest influence on PIETRO due to being a crucial supplier of edible oils used in food manufacturing.

The companies entered into a capital and business alliance agreement in September 2007 to enhance their competitive edge through resource reallocation and joint development of high-value products. PIETRO stated there are no transactions or relationships that would limit its independence.

No significant related party transactions involving controlling shareholders need to be reported in the consolidated financial statements.