GREENLAND RESORT COMPANY LIMITED [9656.T]

TOKYO, Mar 27 (Pulse News Wire) – Greenland Resort Company Limited (9656.T) disclosed details regarding its controlling shareholders and related companies as of March 27, 2026. Western Gas Holdings Co., Ltd.

Holds 24.39% of the voting rights, making it the primary shareholder. The company operates independently despite being an equity-method affiliate of Western Gas Holdings Co., Ltd. As of December 31, 2025, Western Gas Holdings Co., Ltd.

Owns 14.64% of the shares directly and 9.75% through consolidated subsidiaries. Additionally, the company's representative director, Takatoshi Matsuno, noted that the relationship ensures operational independence while leveraging the expertise of external directors such as Akishi Yamashita, who serves as a non-executive director and advisor due to his extensive experience in corporate governance. Regarding transactions between Greenland Resort and Western Gas Holdings during the period from January 01, 2025 to December 31, 2025, the total transaction amount was ¥18 million, primarily involving long-term deposits totaling ¥2,400.

All transactions adhered to general commercial conditions.

Original Disclosure (PDF)

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