Chori Co., Ltd.

2026/08/21 Updated
Market Cap: $648.8M (¥103.1B)
Stock Price: $26.32 (¥4,185)
Exchange Rate: 1 USD = ¥158.98

【Chō】Notice Regarding Controlling Shareholders and Performance|May 2026

Our company has a parent company, Toray Industries, Inc., holding a 52.41% voting rights stake as of March 31, 2026. We are advancing business collaborations and transactions with the controlling shareholder, providing important information that could impact future business development.

Importance:
Page Updated: May 29, 2026
IR Disclosure Date: May 29, 2026

Key Figures

  • Voting rights ownership: 52.41%
  • Transactions in textiles and chemicals: 6,010 million yen
  • Funds deposited: 8,000 million yen (mid-term)

AI要約

Relationship with Controlling Shareholder and Business Relations

Our company has a 52.41% voting rights ownership in Toray Industries, Inc. We mainly manufacture and sell textiles and chemicals, leveraging the group's information gathering and sales capabilities to pursue synergistic business development. The independence of management within the parent-subsidiary relationship is maintained, and governance systems are in place.

Transaction Details and Risk Management

From April 2025 to March 2026, sales to the parent company for textiles and chemicals amounted to approximately 957 million yen, with procurement totaling approximately 6,010 million yen. Funds have also been deposited, with transaction conditions determined based on market prices, etc. To protect minority shareholders’ interests, transactions are reviewed by independent outside directors and special committees to ensure appropriateness.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Chō

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