TOKYO, Mar 27 (Pulse News Wire) – Fisco Ltd. (3807.T) disclosed significant changes in its major shareholder structure following equity transfers during the fiscal year ending December 31, 2025.
As of December 31, 2025, JN Group holds 31.52% of voting rights directly and 33.00% combined, making it the controlling shareholder. Additionally, Sequegee Japan Holdings, which was previously a related party, no longer qualifies as a major shareholder due to equity transfers on August 29, 2025. During the fiscal year, Fisco reported total transactions worth 11,687 involving the sale of Nex Digital Group shares to JN Group on July 11, 2025. The transaction price was determined through mutual agreement between the parties involved.
Furthermore, on August 29, 2025, Sequegee Japan Holdings ceased being a major shareholder after transferring ordinary shares to another entity, while JN Group became the primary shareholder and a related party. Fisco maintains operational independence despite these changes. While there are no direct business dealings between Fisco and Sequegee Japan Holdings, JN Group's CEO and one director concurrently serve on Fisco’s board. However, Fisco asserts that its independent management decisions ensure the company's autonomy as a publicly traded entity.
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