Innovation Holdings Reports Parent Company Ownership Details

TOKYO, Jun 25 (Pulse News Wire) – Innovation Holdings CO.,LTD. (3484.T) disclosed details regarding its parent company, Crop Corporation, which holds a controlling stake of 59.74%.

As of March 31, 2026, Crop Corporation owns 59.74% of Innovation Holdings' voting rights through direct holdings. Crop Corporation operates mobile communication services as its core business alongside talent dispatching, building maintenance, wholesale trade, and overseas ventures. Innovation Holdings is unique within the group for managing store leasing and real estate transactions.

The group prioritizes leveraging individual companies’ strengths rather than seeking synergies across sectors to achieve overall growth. Regarding personnel relationships, one director of Innovation Holdings concurrently serves as an officer at Crop Corporation or its affiliated entities. This arrangement does not hinder independent decision-making due to three external directors appointed based on exchange regulations, ensuring diverse perspectives during board discussions.

Additionally, there are no significant transactions between Innovation Holdings and Crop Corporation, nor does the former rely on such interactions for operations.