Tosnet Adds Kōtsūshin to List of Significant Affiliates

TOKYO, Jul 10 (Pulse News Wire) – Tosnet Corporation (4754.T) disclosed that Kōtsūshin Co., Ltd. has been classified as a significant affiliate due to its indirect shareholding through various entities.

On July 06, 2026, Kōtsūshin notified Tosnet that their voting rights exceeded 20%. Following formal requests made on July 08, 2026, Tosnet concluded that Kōtsūshin holds substantial influence over the company and thus qualifies as a significant affiliate effective July 10, 2026. Kōtsūshin Co., Ltd. operates in electricity and gas services, telecommunications, beverage distribution, insurance, finance, solutions, and retail sales. As of March 31, 2026, the company had a capital of ¥54.26 billion and reported consolidated net assets of ¥1.22 trillion and total assets of ¥2.85 trillion.

Limited Liability Company Kōhatsu Power held a stake of 29.06% in Kōtsūshin. Prior to the classification, Kōtsūshin indirectly owned 9,106 shares, totaling 9,106 shares. Post-classification, this increased to 9,317 shares, bringing the total to 9,317 shares. Voting rights calculations exclude 82,700 shares without voting rights from the total number of outstanding shares, which stands at 4,732,600, resulting in a rounded voting right count of 46,499. No further changes or outlook updates were provided regarding future developments related to this affiliation.