YOTAI REFRACTORIES CO.,LTD. [5357.T]

TOKYO, Jun 29 (Pulse News Wire) – Yotai Refractories CO.,LTD. (5357.T) disclosed updates on controlling shareholders and related companies.

As of March 31, 2026, ASNF Holdings LLC holds a combined 35.51% stake through direct ownership and affiliated entities. Similarly, Aoya Corporation holds a combined 35.51% stake. ASNF Holdings LLC, a wholly-owned subsidiary of Aoya Corporation, is considered the most influential related entity impacting Yotai Refractories due to its significant shareholding.

ASNF Holdings LLC intends to maintain long-term holdings as a stabilizing shareholder. The Aoya Group operates businesses in Cement Jigyoutou that could create synergies with Yotai's operations, facilitating regular information exchanges without imposing operational constraints on Yotai. Yotai maintains independent decision-making based on its own management policies, ensuring corporate independence.

No significant transactions involving controlling shareholders were reported.

Original Disclosure (PDF)

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