TOKYO, Jun 19 (Pulse News Wire) – Hammock Inc. (173A.T) disclosed governance details related to its controlling shareholder, Chairman and President Wakanoya Daizen, who holds a significant stake outside of parent companies.
As of March 31, 2026, Wakanoya directly owns 35.38%, and through consolidated holdings, his total share stands at 62.57%. Regarding transactions with controlling shareholders, Hammock stated there are currently none.
However, should such dealings arise, the company plans to ensure minority shareholder protection by thoroughly discussing transaction reasons, conditions, and validity within the board of directors. In addition, the company emphasized its commitment to protecting minority interests by adhering to principles that generally avoid transactions with controlling shareholders.
Any exceptions would require rigorous scrutiny and approval processes.
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