May 11, 2022
Toshiba Tec Corporation
Company:
Representative: Hironobu Nishikori
Representative Director
President and Chief Executive Officer(Securities code: 6588,
Tokyo Stock Exchange Prime Market)
Contact:
Akira Abe
Senior Manager of Corporate
Communications Division(Tel: +81-3-6830-9151)

Matters regarding the controlling shareholder
1. Trade name and other information on the parent company, etc. (as of March 31, 2022)
Percentage of voting
Securities exchanges, etc. whereParent company, etc.
Attributerights held by the parent
shares issued by the parentcompany, etc. (%)
company, etc. are listed
ParentTokyo Stock Exchange, Inc. andToshiba Corporation
52.4 [0.1]company
Nagoya Stock Exchange, Inc.
Note: The indirectly held portion of the percentage of voting rights held by the parent company, etc. isshown in square brackets.
2. Relationships between the listed company and the parent company, etc., including its position within thecorporate group of the parent company, etc. (as of March 31, 2022)
1) The position of the listed company within the corporate group of the parent company, etc., business
relationships, human or capital relationships with the parent company, etc., and its group companiesThe parent company of Toshiba Tec Corporation (“the Company”) is Toshiba Corporation, whichholds 52.4% of the voting rights of the Company (including 0.1% held indirectly).
The Company is responsible for the Retail & Printing Solutions business within the Toshiba Group,
and autonomously operates all facets of the business from development and manufacturing to sales, etc.
The Company engages in a wide range of business cooperation with Toshiba Corporation and Toshiba
Group companies, including research and development, mutual supply of products and parts, sales
activities, etc., and will continue this collaboration in the future, while maintaining and ensuring its
independence as a listed company.
In the Company’s business transactions with Toshiba Corporation and Toshiba Group companies,
prices are determined according to normal terms of trade, through negotiation with reference to factors
such as market prices. The Company has also entered into various contracts for the consignment ofresearch, development and business services to facilitate the efficient utilization of resources within theToshiba Group. Matters concerning transactions with Toshiba Corporation are set forth under “3.
Transactions with the controlling shareholder, etc.” on page 3.
Human relationships with Toshiba Corporation include the mutual exchange of personnel asappropriate, such as concurrent service by corporate officers, for the purpose of sharing management
expertise and technology and developing human resources, etc. The status of concurrent service bycorporate officers and the acceptance of employees seconded within the Toshiba Group is as follows.

― 1 ―(Status of concurrent service by corporate officers)
Positions at the parent company, etc.
Position
Nameor its group companies
Parent company
Toshiba Corporation
Executive Officer, Corporate Vice
President, General Executive,
Director
TakamasaSustainability Management Div., Human(part-time) Mihara
Resources and Administration Div. andCorporate Communication Div., Vice
President, Human Resources andAdministration Div.
(Status of acceptance of seconded employees)
Number of Name of the parent company, etc.,
Segment
secondedor its group companies from
nameemployees
which employees were seconded
RetailSolutions

1Parent company
Toshiba Corporation

8Parent company
Toshiba Corporation

1

Subsidiary of the parent company
Toshiba Energy Systems &Solutions Corporation

Corporate

Reason for appointment
To utilize his extensive
experience, insight, etc.
acquired at the parentcompany in decisionmaking, supervising theexecution of duties, etc. atthe Company

Reason for acceptance ofseconded employees
To utilize experience, insight,etc. acquired at the parentcompany
To utilize experience, insight,etc. acquired at the parentcompany
To utilize experience, insight,etc. acquired at the subsidiary of
the parent company

Note: The Company has 3,377 employees.
2) Business restrictions, risks and merits arising from the position of the listed company within the corporategroup of the parent company, etc., and the impact on management, business activities, etc. from business
relationships, human or capital relationships, etc. with the parent company, etc. and its group companies
The Company enjoys merits from its position within the Toshiba Group, including the ability toeffectively utilize the Group’s resources, such as its technological capabilities and product brand strength.
However, if a situation were to arise within the Toshiba Group that damaged the Group’s social
credibility, there is a risk that the Company’s management and business activities may also be affected.
3) Views on ensuring a degree of independence from the parent company, etc., and measures to ensure thisindependence
The Company has a broad range of cooperative business relationships with Toshiba Corporation andcompanies in the Toshiba Group. However, it ensures independence by engaging in business activities
under an autonomous business management structure, and operating, in general, based on the uniquemanagement resources of the Company and its corporate group.
4) Status of efforts to ensure a degree of independence from the parent company, etc.
The Company engages in the Retail & Printing Solutions business under its own unique business
management structure, in general.

― 2 ―3. Transactions with the controlling shareholder, etc. (from April 1, 2021 to March 31, 2022)
Type

Name ofcompany, etc.

Location

Share capital
Ownership
Business description
or equity
ratio of voting
or occupation(Million yen)rights, etc. (%)

Relationship

Energy business,(Ownership ofDeposits received
social infrastructure the Company)
200,869
for funds
business, electronic
Direct: 52.2
management
devices business, etc. Indirect: 0.1
Year-end
Transaction
ParentToshibabalance
Details of transactions
amountAccount
company Corporation(Million(Million yen)yen)
Receipt of deposited funds
20,011(Note 1)
Group deposits paid
7,654
Receipt of interest (Note 2)
21
Terms of trade and policy, etc. on the determination of terms of trade
Notes: 1. The average balance of deposited funds during the period is shown in lieu of the total amount oftransactions for the receipt of deposited funds, which is difficult to ascertain.
2. Concerning the receipt of deposited funds, interest on deposited funds is determined withreference to market trend rates, etc., including those indicated by those who are not participantsin the transactions.
Minato-ku,
Tokyo

4. Status of the implementation of measures to protect minority shareholders when engaging in transactions,etc. with the parent company
In the Company’s business transactions with Toshiba Corporation and Toshiba Group companies, prices
are determined according to normal terms of trade, through negotiation with reference to factors such as
market prices. The Company has also entered into various contracts for the consignment of research,development and business services to facilitate the efficient utilization of resources within the Toshiba
Group.

― 3 ―