Sanko Reports Parent Company Ownership Details

TOKYO, Jun 30 (Pulse News Wire) – Sanko CO.,LTD. (6964.T) disclosed details regarding its controlling shareholder on June 30.

According to the report, Matsutomo Shoji Co., Ltd., which owns 51.24% of the voting rights, is the parent company. The remaining shares are held directly without any consolidated portion. Matsutomo Shoji Co., Ltd. does not engage in business activities related to Sanko CO.,LTD.

Nor does it conduct transactions with the company. However, Masanori Takamura, a director of Sanko CO.,LTD., also serves as a director of Matsutomo Shoji Co., Ltd. Regarding minority shareholders' protection policies during dealings with controlling shareholders, Sanko CO.,LTD. adheres to fair contract conditions and market prices similar to those used in regular transactions with other companies.

The company ensures appropriate measures are taken to protect minority shareholders’ interests.