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OSAKA Titanium technologies (5726) · FactKobe Steel,Ltd. no longer qualifying as a major shareholder and its stake declining

Each of Nippon Steel & Sumitomo Metal Corporation and Kobe Steel, Ltd. holding a 23.9% stake

First written in FY2016. 3 of 10 entries say "Reframed", first in FY2020-Q2. Latest entry: FY2026.

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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019ReframedFY2020-Q2 – FY2022OtherFY2023 – FY20262016: 120162017: 020172018: 120182019: 220192020: 020202021: 120212022: 120222023: 120232024: 120242025: 120252026: 12026
Same theme, other companies
Each of Nippon Steel & Sumitomo Metal Corporation and Kobe Steel, Ltd. holding a 23.9% stakeA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026Kobe Steel,Ltd. no longer qualifying as a major shareholder and its stake decliningAnnual report

    「Kobe Steel,Ltd. 2-2-4 Wakinohama Kaigandori, Chuo-ku, Kobe, Hyogo 3,000 8.15 NIPPON STEEL CORPORATION 2-6-1 Marunouchi, Chiyoda-ku, Tokyo 1,807 4.91」

    Kobe Steel,Ltd.'s ownership percentage declined from 12.50% at the end of the previous fiscal year to 8.15%, and it ceased to be a major shareholder at the end of the fiscal year. NIPPON STEEL CORPORATION's ownership percentage remained at 4.91%.
  2. FY2026-H1Continued decline in major-shareholder ownership ratiosAnnual report

    「Kobe Steel,Ltd. 2-2-4 Wakinohama Kaigandori, Chuo-ku, Kobe, Hyogo 3,800 10.33 NIPPON STEEL CORPORATION 2-6-1 Marunouchi, Chiyoda-ku, Tokyo 1,807 4.91」

    Kobe Steel,Ltd.'s ownership percentage declined from 12.50% at the end of the previous fiscal year to 10.33%. NIPPON STEEL CORPORATION's ownership percentage remained at 4.91%.
  3. FY2024Continued decline in major-shareholder ownership ratiosAnnual report

    「Kobe Steel,Ltd. 2-2-4 Wakinohama Kaigandori, Chuo-ku, Kobe, Hyogo 4,600 12.50 NIPPON STEEL CORPORATION 2-6-1 Marunouchi, Chiyoda-ku, Tokyo 1,807 4.91」

    Kobe Steel,Ltd.'s ownership percentage declined from 13.86% in the previous fiscal year to 12.50%, while NIPPON STEEL CORPORATION's ownership percentage remained at 4.91%.
  4. FY2023Continued decline in major-shareholder ownership ratiosAnnual report

    「Kobe Steel,Ltd. 5,100 13.86 NIPPON STEEL CORPORATION 1,807 4.91」

    As in the previous fiscal year, the ownership percentages of Kobe Steel,Ltd. and NIPPON STEEL CORPORATION declined to 13.86% and 4.91%, respectively. NIPPON STEEL CORPORATION was stated to have ceased to be a major shareholder at the end of the fiscal year.
  5. FY2022ReframedAnnual report

    「As the company ceased to qualify as an other affiliated company during the fiscal year, the shares had been held as specified investment shares, but the sale of all shares held was completed on 13 May 2022.」

    Kobe Steel,Ltd. ceased to qualify as an other affiliated company, and all shares held were sold on 13 May 2022. The ownership ratios of the major shareholders also became 14.95% for Kobe Steel,Ltd. and 14.91% for NIPPON STEEL CORPORATION.
  6. FY2021ReframedAnnual report

    「The Company is an equity-method affiliate of Kobe Steel,Ltd. Kobe Steel,Ltd., which holds a 20.9% stake in the Company, operates businesses including steel-related, wholesale power supply, aluminum and copper-related, machinery-related, construction machinery-related, electronic materials and other businesses.」

    Kobe Steel,Ltd.'s stake was stated as 20.9%, while NIPPON STEEL CORPORATION's major-shareholder stake was 19.43%. The ownership figures changed from the previous structure in which each company held 23.9%.
  7. FY2020-Q2ReframedAnnual report

    「NIPPON STEEL CORPORATION 2-6-1 Marunouchi, Chiyoda-ku, Tokyo 8,800 23.91」

    The name of the company listed among the major shareholders changed from 新日鐵住金株式会社 to NIPPON STEEL CORPORATION. The number of shares held, 8,800 thousand shares, and the voting rights ratio, 23.91%, were maintained.
  8. FY2019RestatedAnnual report

    「新日鐵住金株式会社, which holds a 23.9% stake in the Company, operates businesses centered on steelmaking, as well as engineering, chemicals, new materials and systems solutions. Kobe Steel,Ltd., which also holds a 23.9% stake in the Company, operates businesses including steel-related, wholesale power supply, aluminum and copper-related, machinery-related, construction machinery-related, real estate-related, electronic materials and other businesses.」

    It was restated that 新日鐵住金株式会社 and Kobe Steel,Ltd. were other affiliated companies, each holding a 23.9% stake.
  9. FY2018RestatedAnnual report

    「新日鐵住金株式会社, which holds a 23.9% stake in the Company, operates businesses centered on steelmaking, as well as engineering, chemicals, new materials and systems solutions. Kobe Steel,Ltd., which also holds a 23.9% stake in the Company, operates businesses including steel-related, wholesale power supply, aluminum and copper-related, machinery-related, construction machinery-related, real estate-related, electronic materials and other businesses.」

    It was restated that 新日鐵住金株式会社 and Kobe Steel,Ltd. were other affiliated companies, each holding a 23.9% stake.
  10. FY2016First statedAnnual report

    「新日鐵住金株式会社, which holds a 23.9% stake in the Company, operates businesses centered on steelmaking, as well as engineering, chemicals, new materials and systems solutions. Kobe Steel,Ltd., which also holds a 23.9% stake in the Company, operates businesses including steel-related, wholesale power supply, aluminum and copper-related, machinery-related, construction machinery-related, real estate-related, electronic materials and other businesses.」

    Both companies are other affiliated companies and also major users of titanium products.
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"Fluctuations in Titanium Demand Driven by the Aircraft Industry and the Global Economy" moved the same way as this thread, in the same document, in 2 of its 10 moves.

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Each of Nippon Steel & Sumitomo Metal Corporation and Kobe Steel, Ltd. holding a 23.9% stake | OSAKA Titanium technologies Co.,Ltd. (5726) | Komori