Es-Con Japan Details Major Shareholder Relations

TOKYO, Jun 25 (Pulse News Wire) – ES-CON JAPAN Ltd. (8892.T) disclosed details regarding its major shareholder relations.

As of June 25, 2026, parent company Chubu Electric Power Co., Ltd. holds a 51.0% stake in the company through direct ownership. Chubu Electric became ES-CON JAPAN's controlling shareholder in September 2021, holding 51.0% of voting rights. In April 2021, ES-CON JAPAN conducted a private placement of shares to Chubu Electric, increasing their shareholding to 51.0%.

Chubu Electric respects ES-CON JAPAN’s autonomous management while ensuring operational independence. ES-CON JAPAN focuses on enhancing its real estate operations within the Chubu Electric Group, leveraging the group's brand strength to boost overall enterprise value. Additionally, ES-CON JAPAN maintains a robust governance structure, with more than half of its board members being independent outside directors. Regarding transactions with major shareholders during the fiscal year ending March 31, 2026, there were no related-party transactions reported.

Chubu Electric ensures minority shareholder protection by refraining from forcing any deals that could harm minority interests.