TOKYO, Apr 24 (Pulse News Wire) – SEC Carbon,limited (5304.T) disclosed major shareholder information involving its related company, Ooya Steel Co., Ltd. As of March 31, 2026, Ooya Steel holds 19.87% of the voting rights in SEC Carbon, making it the largest shareholder.
Additionally, SEC Carbon appointed Ooya Steel's President, Osamu Ooya, as an outside director. There are no cross-directorships or employee exchanges between the two companies. Financial transactions such as loans or guarantees also do not exist between them, ensuring SEC Carbon’s independent decision-making process.
In terms of transactions, SEC Carbon sold products worth ¥279 million to Ooya Steel during the fiscal year-end, resulting in accounts receivable of ¥37 million. This represents approximately 0.01% of SEC Carbon's total sales. All transactions were reviewed and approved by the board of directors according to legal requirements.
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