YAHAGI CONSTRUCTION CO.,LTD. [1870.T]
TOKYO, May 12 (Pulse News Wire) – Yahagi Construction CO.,LTD. (1870.T) disclosed significant shareholding details as of March 31, 2026.
The largest shareholder, Nippon Railway Corporation, holds 19.2%, comprising direct holdings of 19.0% and indirect holdings of 0.2%. In its operations, Yahagi Construction maintains strong ties within the Nippon Railway Group, having merged with Meitetsu Construction Co., Ltd. in October 2025. Post-merger, Yahagi continues to secure stable contracts primarily through the group, particularly focusing on railway track maintenance projects for Nippon Railway Corporation.
Additionally, Yahagi receives diverse construction orders across various companies within the group, contributing approximately 10% to its revenue. Regarding transactions with related parties, Yahagi reported total transaction amounts of 19.0% million yen during the fiscal year ending March 31, 2026. Notably, the company’s dealings involve construction works valued at 12,770 million yen, with outstanding receivables amounting to 11,374 million yen as of March 31, 2026. The company emphasizes maintaining independence despite these relationships, noting that all transactions adhere to general trading conditions without exceptions.
Furthermore, Yahagi highlighted the presence of overlapping roles among directors, with Hirotoshi Takasaki serving concurrently as the President of Nippon Railway Corporation due to his extensive experience and expertise beneficial to Yahagi's management.
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