TOKYO, Mar 27 (Pulse News Wire) – GLAD CUBE Inc. (9561.T) disclosed that its CEO, Kinushima Hioki, holds a controlling interest outside of parent companies, with direct voting rights of 17.43%.
As of December 31, 2025, his combined share rises to 65.92%, including shares held through his asset management firm, Gold Island Co., Ltd., and his brother, also a director at the company. The company stated that there are currently no transactions involving the controlling shareholders. However, GLAD CUBE maintains strict policies to protect minority shareholders during such dealings.
Any transactions must demonstrate clear business necessity and fair conditions comparable to those offered to other partners. The board rigorously reviews each transaction to ensure it does not harm the company's interests. Kinushima’s extensive holdings underscore the concentration of control within the company, highlighting the importance of stringent governance measures to safeguard smaller investors' rights.
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