TOKYO, Jun 24 (Pulse News Wire) – Hitomile CO.,LTD. (7686.T) announced on June 24 that SKY Group Holdings (not named in English) is no longer considered a parent company but now qualifies as another related entity due to changes in management control.
At the conclusion of the company's 44th annual shareholders' meeting held on June 24, former director Sato Junichi stepped down, altering the criteria for substantial influence over HitoMile. Prior to the change, SKY Group Holdings owned 136,311 shares, representing approximately 13.63% of voting rights based on total outstanding shares as of March 31, 2026. Following the transition, SKY Group Holdings remains a significant shareholder but is reclassified as a related party rather than a direct parent company.
SKY Group Holdings, established on January 8, 1951, manages assets and real estate properties. As of March 31, 2026, the company had capital of ¥10 million and net assets of ¥1.328 billion. Its largest shareholder, Sprout Limited, holds a stake of 100.00%.
No impact on HitoMile’s performance is expected from this status change.
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