Suntory Beverage & Food Limited [2587.T]
TOKYO, Mar 31 (Pulse News Wire) – Suntory Beverage & Food Limited (2587.T) disclosed major shareholder details, revealing Santory Holdings Co., Ltd. holds 59.48% of voting rights.
During the fiscal year ending December 31, 2025, loyalty payments amounted to ¥148.9 million. Additionally, the company paid ¥208.3 million for business outsourcing services to Santory Holdings. The company also reported raw material advance payments totaling ¥148.9 million made by Santory Holdings on its behalf.
These transactions were deemed fair and reasonable through mutual agreement, considering factors such as brand value and incremental costs. In 2025, the special committee convened five times to review important transactions including brand licensing, royalty payments, and functional service outsourcing. All reviewed transactions met criteria for necessity, reasonableness, and fairness, and received approval from the board of directors.
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