Toho Acetylene Co.,Ltd. [4093.T]
TOKYO, Apr 17 (Pulse News Wire) – Toho Acetylene CO.,LTD. (4093.T) announced today that Optical Communications Corporation (hereinafter referred to as "Optical Communications") has become its related company due to changes in shareholding structure.
On March 27, 2026, Toho Acetylene confirmed that Optical Communications indirectly held more than 10% of the voting rights through subsidiaries and other companies. Following this confirmation, Optical Communications officially requested Toho Acetylene to treat it as a related entity for accounting purposes. Optical Communications was established on February 5, 1988, and its main activities include electricity, gas, telecommunications, beverages, insurance, finance, solutions, and retail sales. As of March 31, 2025, the company had capital of ¥54.26 billion and consolidated net assets of ¥943.6 billion.
Its largest shareholder, Limited Partnership Light Power, holds 29.02% of the shares, indirectly owning 7,161,500 of Toho Acetylene's stock (with a voting rights ratio of 20.66%). Prior to the change, Optical Communications did not hold any direct voting rights but held 67,723 indirect voting rights, totaling 67,723 as of March 4, 2026. After the change, Optical Communications became a related company with 71,328 indirect voting rights as of March 27, 2026. By March 31, 2026, this number increased to 71,615 indirect voting rights.
There are no significant future outlooks or additional relationships beyond those disclosed.
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