TOKYO, May 21 (Pulse News Wire) – Forval Telecom,inc. (9445.T) disclosed that its parent company, FORVAL Co., Ltd., holds a significant stake in the firm.
As of May 21, 2026, FORVAL Co., Ltd. owns 70.2% percent of FORVAL TELECOM's shares directly and indirectly, making it the largest shareholder. FORVAL TELECOM operates within the FORVAL Group, which provides specialized consulting services across five key areas: information communication, overseas markets, environmental considerations, human resources education, and entrepreneurship succession. The group leverages mergers and acquisitions to expand its operations while maintaining a distinct focus from its parent company’s primary business activities.
In addition, FORVAL TELECOM reported that as of March 31, 2026, one director serves dual roles between FORVAL TELECOM and its parent company. Furthermore, one employee was transferred from the parent company to FORVAL TELECOM during the fiscal year ending March 31, 2026. Regarding transactions with related parties from April 1, 2025, to March 31, 2026, FORVAL TELECOM engaged in various commercial activities totaling ¥73 million, primarily involving service commissioning and agency sales. The company also recorded ¥546 million in unpaid balances due to share transfers.
All transactions adhered to general trading conditions based on market prices and standards, ensuring fair dealings and protecting minority shareholders' interests.
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