As of March 18, 2026, due to the partial conversion of Class A preferred shares into common shares, the voting rights ownership ratio of Mitsui Chemicals, Inc. is expected to decrease from 13.45% to 9.84%, resulting in their exclusion as a major 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6330","jir_company_name":"Toyo Engineering Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-18","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/6330-20260318-02.pdf","jir_short_summary":"As of March 18, 2026, due to the partial conversion of Class A preferred shares into common shares, the voting rights ownership ratio of Mitsui Chemicals, Inc. is expected to decrease from 13.45% to 9.84%, resulting in their exclusion as a major shareholder.","jir_summary":"### Overview of Change in Major Shareholders\nAs of March 18, 2026, a portion of the Company\u2019s Class A preferred shares were converted into common shares, resulting in an increase of 14,030,100 common shares. Consequently, the voting rights ownership ratio of the major shareholder Mitsui Chemicals, Inc. is expected to decrease from 13.45% to 9.84%, leading to its exclusion from major shareholders. It should be noted that Class A preferred shares have no voting rights.\n\n### Impact on Shareholders and Date of Change\nMitsui Chemicals, Inc. has entrusted its shares to Sumitomo Mitsui Trust Bank, Limited, which in turn has re-entrusted the shares to The Japan Custody Bank, Ltd.; however, the instruction right for voting rights exercise is retained. The effective date of the change is March 18, 2026, and the total number of voting rights has increased to 522,409 due to this conversion.","jir_financial_highlights":"Increase in Common Shares: 14,030,100 shares (Unknown)\nVoting Rights Ownership Ratio of Mitsui Chemicals, Inc. (Before Change): 13.45% (Unknown)\nVoting Rights Ownership Ratio of Mitsui Chemicals, Inc. (After Change): 9.84% (Decrease)","jir_category":"","jir_hashtags":"#ToyoEngineeringCorporation, #ChangeInMajorShareholders, #GeneralIR","jir_key_figures":"Increase in Common Shares: 14,030,100 shares (due to conversion of Class A preferred shares to common shares)\nVoting Rights Ownership Ratio of Mitsui Chemicals, Inc. (Before Change): 13.45%\nVoting Rights Ownership Ratio of Mitsui Chemicals, Inc. (After Change): 9.84%","jir_meta_title":"Toyo Engineering Corporation Voting Rights Ratio Change Due to Major Shareholder Shift (13.45% \u2192 9.84%)","jir_meta_description":"On March 18, 2026, Toyo Engineering Corporation announced that due to the conversion of Class A preferred shares into common shares, the voting rights ownership ratio of Mitsui Chemicals, Inc. decreased from 13.45% to 9.84%, resulting in its removal as a major shareholder.","jir_og_title":"Toyo Engineering Notice of Change in Major Shareholders","jir_og_description":"Due to conversion of Class A preferred shares into common shares, Mitsui Chemicals\u2019 voting rights ratio decreased, leading to its removal as a major shareholder.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16642,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-35365","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n