Source disclosure: February 27, 2026, 14:30 JST
TOSEI CORPORATION [8923.T]
TOKYO, Feb 27 (Pulse News Wire) – TOSEI CORPORATION (8923.T) disclosed that Nagoya Railroad Co., Ltd., its related company, holds 15.47% of its voting rights. Nagoya Railroad became a significant shareholder through a capital and business alliance agreement signed on May 24, 2024, aiming to maximize corporate value by leveraging their respective strengths in real estate projects and fund businesses.
Under the alliance, Nagoya Railroad nominated one executive director who serves on TOSEI's board. Both companies respect each other’s operational independence while fostering collaboration.
Highami Shogo was appointed as a joint business promotion officer to advance shared initiatives and strengthen ties between the two firms. In the fiscal year ending November 30, 2025, there were no significant business transactions between TOSEI and Nagoya Railroad.
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