TOKYO, Mar 10 (Pulse News Wire) – Asakawa Systems CO.,LTD. (5249.T) received notice from Aisikawa Group Corporation, informing of changes in its parent company due to indirect ownership., Aisikawa Group Corporation acquired ordinary shares representing 50% of the voting rights of Aisikawa Transport Corporation, making Aisikawa Group Corporation the indirect owner of Asakawa Systems' shares through Aisikawa Transport Corporation.
The new parent company, Aisikawa Group Corporation, is headquartered in Wakayama, Wakayama Shi Komatsu Haradoori San Choume and operates in construction. It was established on December 23, 1948 with a capital of ¥300 million. As of March 31, 2025, its net assets stood at ¥22.41 billion and total assets amounted to ¥31.03 billion. Major shareholders include the Aisikawa Group Employee Shareholding Association with a holding ratio of 63.52%. Before the change, Aisikawa Group Corporation held 5,850 shares (representing 50,000 percent) out of a total of 6,350 shares.
After the acquisition, the number of shares increased to 50,000, resulting in a direct shareholding of 500 shares and a combined shareholding of 5,850 shares, totaling 6,350 shares. The post-change voting right percentage is calculated based on the total number of outstanding shares minus non-voting shares as of February 28, 2026, which is 10,300 shares. In addition, Asakawa Systems' director, Masayuki Hirano, also serves as a director of Aisikawa Group Corporation. In fiscal year 2025, sales revenue from transactions with Aisikawa Group Corporation amounted to ¥37.1 million. Due to this change, Asakawa Systems will now consider Aisikawa Group Corporation as the significant unlisted parent company instead of Aisikawa Transport Corporation.
The company expects no impact on its performance from this change.
🟢 Confidence: High AI-translated content.