[Feed One] Information on Controlling Shareholders for Fiscal Year Ending June 2026｜June 19, 2026

Relationship with Controlling Shareholder

The Company has a voting rights ownership rate of 25.71% in Mitsui & Co., Ltd., and is an associate accounted for under the equity method. While maintaining close transactional relationships as a raw material procurement and sales agent, the Company retains management independence, with transaction terms based on market prices. The Board of Directors includes outside directors and seconded personnel from Mitsui & Co., and the relationship is good.

Transactional Relationships and Management Structure

The Company conducts raw material procurement and sales through transactions with Mitsui & Co., Ltd., with transaction amounts of 85,172 million yen for raw material purchase and an accounts payable balance of 11,503 million yen for the fiscal year ending March 2026. In terms of management, the Company maintains a certain cooperative relationship while ensuring operational independence. The appointment of officers and seconded personnel strengthens management and the relationship.