SUGA Steel Reports Major Shareholders' Interests

TOKYO, Jun 30 (Pulse News Wire) – Suga Steel CO.,LTD. (3448.T) disclosed significant shareholder interests as of March 31, 2026.

Starry One, represented by Chairman Hiroyuki Hoshino, holds 43.1% direct voting rights and 67.1% combined voting rights, excluding parent companies. Additionally, Meiko Hoshino, another major shareholder, owns 14.0% direct voting rights and contributes 53.1% to the combined total, also excluding parent companies.

For the fiscal year ending March 31, 2026, there were no related-party transactions involving major shareholders. In cases where such transactions occur, the company ensures fair conditions equivalent to general trading terms and maintains transparent governance through board approval requirements.

This approach prevents harm to minority shareholders’ interests and upholds ethical standards in dealings with affiliated entities.