Taoka Chemical Company REPORTS DOMINANT SHAREHOLDER DETAILS; SUZUKI CHEM HOLDS MAJORITY INTEREST

TOKYO, May 15 (Pulse News Wire) – Taoka Chemical Company,limited (4113.T) disclosed that its parent company, Suzuki Chemical Co., Ltd., holds a majority interest of 50.91%, directly owning 50.62%. As of March 31, 2026, Suzuki Chemical also indirectly owns 0.29%.

Taoka operates within the Suzuki Chemical Group, engaging in various cooperative activities such as purchasing raw materials and supplying intermediate chemical products through production outsourcing. The company receives guidance and advice from a director appointed by Suzuki Chemical and hosts 20 employees transferred from the group. Despite being part of the group, Taoka maintains independent operations for most of its businesses.

In fiscal year ending March 31, 2026, transactions between Taoka and Suzuki Chemical included sales of products totaling 1489 million yen and purchases of Suzuki Chemical's products amounting to 227 million yen. All transaction prices are determined based on market prices and total costs through periodic negotiations. To ensure fairness and transparency in dealings, Taoka established an external auditor committee composed solely of outside directors to protect minority shareholders' interests.