Matters Concerning Controlling Shareholders, etc.

Relationship with controlling shareholders and independence

This disclosure summarizes matters related to parent companies and controlling shareholders, explaining that Kanadevia Co., Ltd. is a major business partner and that the independence of the Innoshima Shipyard Group is not compromised. One director from Kanadevia serves as a part-time director, and Innoshima Factory leases land and buildings from the company to conduct shipbuilding, indicating significant relationships; however, the overall independence is maintained.

Transactions and financial performance

The transaction period is from April 1, 2025 to March 31, 2026, and includes procurement of materials, procurement of equipment, and lease of land and buildings at Innoshima Factory. The transaction amounts are accounts payable of 2,325 million yen and transaction value of 7,734 million yen, with terms decided on a market-price basis as incurred.