TOKYO, Jun 16 (Pulse News Wire) – Shofu Inc. (7979.T) disclosed that Mitsui Chemicals Co., Ltd.
Remains its largest shareholder with a stake of 20.13%, based on data as of March 31, 2026. Shofu noted that Mitsui Chemicals holds 20.13% of its voting rights, making it the leading shareholder. In May 2009, Shofu entered into a business and capital alliance with Mitsui Chemicals and San Medical Co., Ltd., focusing on dental materials.
They further strengthened their collaboration through a capital and business alliance agreement signed on April 14, 2020, aiming to enhance competitiveness in the global dental materials sector. As of June 16, 2026, one executive from Mitsui Chemicals serves as an outside director at Shofu, while another employee is on loan to the company. Despite Mitsui Chemicals being the top shareholder, significant decisions are made independently by the nine-member board of directors, ensuring operational autonomy.
Regarding transactions with controlling shareholders during the fiscal year ending March 31, 2026, there were none reported.
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