THE Kinki Sharyo Kinki Sharyo Reports Major Shareholder Details and Key Transactions

TOKYO, Jun 25 (Pulse News Wire) – THE Kinki Sharyo CO.,LTD. (7122.T) disclosed major shareholder information and key transactions for the fiscal year ending March 31, 2026.

As of March 31, 2026, Kinki Nippon Railways Co., Ltd. held 30.38% of voting rights, while the remaining shares were distributed among related companies, including the Nikkei Group Holdings Co., Ltd., which collectively holds 44.64%. The Nikkei Group Holdings Co., Ltd. is considered the most influential parent company due to its complete control over Kinki Nippon Railways Co., Ltd., a significant supplier to THE Kinki Sharyo CO.,LTD. In the fiscal year ended March 31, 2026, sales to Kinki Nippon Railways Co., Ltd. accounted for approximately 40% of total revenue, reflecting substantial reliance on this relationship.

However, the company actively seeks to diversify its customer base to maintain stable workloads, expanding international partnerships. Additionally, three directors appointed to THE Kinki Sharyo CO.,LTD. come from the Nikkei Group, including the president and two executive vice presidents. An independent outside director also serves on the board. The company emphasizes collaboration within the Nikkei Group, leveraging expertise and support for overseas projects, particularly in vehicle maintenance services. Despite these ties, THE Kinki Sharyo CO.,LTD.

Maintains a degree of independence in decision-making processes.