TOKYO, Mar 31 (Pulse News Wire) – Adways Inc. (2489.T) disclosed key shareholding details involving its affiliate, Hakuhodo DY Holdings Co., Ltd.
As of December 31, 2025, Hakuhodo DY Holdings holds 16.57% of Adways' voting rights, comprising direct holdings of 9.31% and indirect holdings of 7.26%. Additionally, Hakuhodo DY Holdings owns a subsidiary that provides advertising services to Adways, generating transactions worth ¥419.6 million thousand during the fiscal year ending December 31, 2024. In the latest fiscal year up to December 31, 2025, the subsidiary's transactions amounted to ¥526.7 million thousand, primarily recorded as accounts receivable.
Adways maintains operational independence despite affiliations, ensuring a minority overlap in board members and independent decision-making processes. Notably, one external director appointed from Hakuhodo DY Holdings completed their term on March 25, 2026 and was succeeded by another individual from Hakuhodo DY ONE. Adways emphasizes maintaining governance integrity while fostering beneficial relationships within the corporate group, adhering to principles of fair dealings and transparent operations.
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