TOKYO, Jun 30 (Pulse News Wire) – Asax CO.,LTD. (8772.T) disclosed significant shareholding details as of March 31, 2026.
Grassma Yuusuke, the controlling shareholder, holds 68.17% of shares directly and through affiliated companies. Additionally, Flexible Corporation, another related entity, owns 34.56% of shares. Regarding transactions with related parties from April 1, 2025, to March 31, 2026, ASAX reported several key dealings. Notably, there was a lease agreement with Yamawa Corp.
Located in Shibuya, Tokyo, involving real estate leasing services. The transaction included prepayment expenses of ¥78.8 million and prepaid rent of ¥7.2 million. Other related party transactions involved investments and other assets amounting to 53,575. In terms of protecting minority shareholders during transactions with controlling shareholders, ASAX adheres to fair conditions similar to those used in general transactions.
All such deals undergo thorough review by the board of directors to ensure their appropriateness regardless of the transaction size.
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