Tohoku Steel Co.,Ltd. [5484.T]
TOKYO, May 08 (Pulse News Wire) – Tohoku Steel CO.,LTD. (5484.T) disclosed major shareholder details, identifying Daishowa Special Steel Co., Ltd.
As its largest shareholder with a direct voting rights stake of 34.34%. As of March 31, 2026, Daishowa Special Steel also holds indirect interests through related companies, while Kōtsūshō Kabushiki-gaisha owns 22.02% indirectly. Daishowa Special Steel's significant influence stems from extensive business dealings, including product sales, procurement, and personnel exchanges. Tohoku Steel purchases some raw materials from the parent group and sells products through affiliated channels.
The company maintains independent decision-making despite these ties, ensuring operational autonomy. Kōtsūshō Kabushiki-gaisha indirectly owns Tohoku Steel’s shares but does not engage in business transactions or exert constraints on management decisions. Tohoku Steel reported no substantial human relations or business interactions with Kōtsūshō Kabushiki-gaisha beyond shareholding. In the fiscal year ending March 31, 2026, Tohoku Steel had trade balances with Daishowa Special Steel totaling ¥1.274 billion in sales and ¥420.5 million in purchases.
Transactions included product sales, raw material purchases, accounts receivable, and payable items.
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