Akebono Brake Industry Reports Major Shareholder Details

TOKYO, Jun 24 (Pulse News Wire) – Akebono Brake Industry CO.,LTD. (7238.T) disclosed that Japan Industrial Solutions Fund II (JIS Fund) holds a controlling stake of 50.77%, excluding parent companies, as of March 31, 2026.

The JIS Fund, which operates primarily through investment activities, does not engage in trading relationships with the company beyond holding shares. Additionally, the company's CEO, Hiroyasu Nagao, serves as an independent advisor to JIS Corporation, while another executive, Shunichi Yawata, sits on the board of directors. The company maintains operational independence despite these affiliations. Nagao noted that the board of directors includes multiple outside directors designated as independent directors according to Tokyo Stock Exchange regulations, ensuring a degree of separation from JIS Corporation.

No significant transactions involving the JIS Fund have occurred recently, and the company has established procedures to protect minority shareholders' interests should such dealings arise. In related matters, the company stated that it has entered into a capital contribution agreement with the JIS Fund concerning Class A common stock. Furthermore, Kunihiko Komagari, a director of JIS Corporation, concurrently serves as an external director for Akebono Brake Industry CO.,LTD. The company emphasizes that all decisions are made independently within its own governance framework, safeguarding the interests of all stakeholders.