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Default8772ASAX CO.,LTD.

ASAX Reports Non-Consolidated Parent Company's Financial Results for FY2025

– Asax CO.,LTD. (8772.T) reported the finalized financial results for its unlisted parent company, Flexible Corporation, for the fiscal year ended December 31, 2025.

Flexible Corporation, headquartered at Tokyo, Shibuya Ku Shibuya Ni Choume 9-9, holds capital of ¥3 million. It operates in securities investment and trading, with Asax CO.,LTD.'s representative director, Yoshihiro Kusa, also serving as the president of Flexible Corporation. As of December 31, 2025, Asax CO.,LTD. held a voting rights stake of 34.6% in Flexible Corporation. In terms of shareholding structure, three individuals—Yuko Kusa, Yoshihiro Kusa, and Daiki Kusa—each own 100 shares, representing 33.33% of the total outstanding shares.

All three are directors of Flexible Corporation, with Yoshihiro Kusa holding the position since April 2008 and concurrently serving as the president of Asax CO.,LTD. and ASAX America, Inc. Financial highlights for Flexible Corporation show assets totaling 4,081,345 thousand yen, with liabilities amounting to 4,081,345 thousand yen. Revenue stood at 228,759 thousand yen, while operating profit was recorded at 222,217 thousand yen. The net income for the fiscal year was 237,770 thousand yen.

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