Showa Shinku Reports Alback Corp. as Controlling Shareholder

TOKYO, Jun 26 (Pulse News Wire) – Showa Shinku CO.,LTD. (6384.T) disclosed that Alback Corp.

Holds a controlling interest in the company as of June 26, 2026. According to the report, Alback Corp. owns 21.36% of Showa Shinku's shares directly, making it the dominant shareholder. Alback Corp. operates within the Alback Group, which includes various subsidiaries and affiliates involved in vacuum equipment manufacturing and sales, semiconductor production equipment, electronic component manufacturing equipment, general industrial machinery, and metal processing applications utilizing vacuum technology.

Showa Shinku specializes in producing vacuum deposition systems and related components for crystal device manufacturers, optical device makers, and electronics producers. In addition to business cooperation through memorandums and trademark agreements signed in April 1999, Showa Shinku maintains independent operations while benefiting from collaborative efforts such as joint participation in trade shows and information exchanges on sales, finance, and management. The company leverages the "ULVACGROUP" brand to enhance product recognition and corporate credibility. Regarding governance, Showa Shinku has appointed one non-executive director and one non-executive auditor from Alback Corp. to ensure robust oversight and industry insights without compromising autonomous decision-making capabilities.

The company believes this arrangement preserves necessary independence while fostering cooperative relationships beneficial to both entities.