TOKYO, May 19 (Pulse News Wire) – FORVAL CORPORATION (8275.T) disclosed controlling shareholder information related to its affiliate, Light Communications Corporation. According to the report, Light Communications holds 25.47% of FORVAL's voting rights through direct ownership and listed securities on the Tokyo Stock Exchange.
Light Communications owns 25.47% of FORVAL’s voting rights but does not have significant operational or personal relationships requiring further disclosure. FORVAL maintains independent decision-making based on its own management policies and believes it retains sufficient autonomy.
No additional transactions or dealings with controlling shareholders were reported.
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