【Toppi Industries】Notice Regarding Controlling Shareholder ｜ June 2026

Matters Concerning the Controlling Shareholder

Toppi Industries has a voting rights ownership ratio of 22.1% directly owned and 0.9% attributable to other holdings, totaling 23.0%. The company is an affiliated company within the same group. It maintains business relationships through raw material procurement and rolled product sales, and has engaged in business alliances responsive to fluctuations in steel demand and international competition. Management independence is preserved, with no sharing of management policy or strategy.

Transaction Relationships and Future Outlook

The company continues transactions with Japan Steel Corporation, strengthening its business foundation through raw material procurement and sales. It aims to maintain capital and transactional relationships while exercising independent management decisions to respond to fluctuations in the steel market. Involvement of the controlling shareholder is limited, and management independence is upheld.