Takaoka TOKO TOKYO Electric Power Holds Significant Stake in TAKAOKA TOKO

TOKYO, Jun 26 (Pulse News Wire) – Takaoka Toko CO.,LTD. (6617.T) disclosed that as of March 31, 2026, Tokyo Electric Power Holdings owns 35.2% of the company's shares through its subsidiary Tokyo Electric Power Grid Co., Ltd.

Additionally, Tokyo Electric Power Holdings is recognized as having the most significant impact on TAKAOKA TOKO due to its direct shareholding in Tokyo Electric Power Grid Co., Ltd. The relationship between TAKAOKA TOKO and Tokyo Electric Power Group includes power equipment sales and related transactions. Despite being an important customer, TAKAOKA TOKO operates independently without constraints from Tokyo Electric Power Holdings in strategic decision-making and pricing agreements.

As of June 26, 2026, two directors of TAKAOKA TOKO also serve in roles within the parent companies, while another director has ties to those entities. However, the board maintains a majority of independent outside directors to ensure objectivity and transparency in decision-making processes. Regarding personnel exchanges, as of June 26, 2026, TAKAOKA TOKO has accepted 36 employees transferred from Tokyo Electric Power Holdings for purposes such as technology strategy development and corporate function enhancement.