TOKYO, May 12 (Pulse News Wire) – Sanyu CO.,LTD. (5697.T) disclosed significant shareholding details as of March 31, 2026.
Nippon Steel Corporation holds 38.63% of the company's voting rights, including direct holdings of 33.67% and indirect holdings of 4.96%. In operational relations, Sanyu purchases major materials through trading companies but negotiates prices based on market trends. Additionally, one external auditor appointed by Sanyu is an employee of Nippon Steel, aimed at strengthening the audit department. Despite these ties, Sanyu maintains its independence and operates independently without interference.
Regarding transactions with controlling shareholders during the fiscal year ending March 31, 2026, Sanyu reported total transaction amounts of 8,373,070 thousand yen with Nippon Steel. Transactions included the purchase of primary materials and cross-directorships. The conditions and pricing for these transactions are determined through negotiations considering market dynamics. For minority shareholder protection, Sanyu ensures fair dealings with Nippon Steel and its group companies by basing transactions on objective market data, ensuring reasonable decisions similar to general trade conditions.
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