TOKYO, Mar 25 (Pulse News Wire) – Keyholder,inc. (4712.T) disclosed details regarding its controlling shareholders and related companies.

As of December 31, 2025, J Trust (JTrust Kabushiki Kaisha), a related company, holds 56,560 voting rights shares out of a total of 56,560 shares, representing 56.56% of the total voting rights. J Trust is also part of the company's enterprise group and owns 56.56% of KeyHolder’s voting rights. Additionally, Fuzawa Nobuyoshi, CEO of J Trust, serves concurrently as chairman of the board of directors at KeyHolder, holding 15.65% of the voting rights.

He also acts as president of Shibuya Capital Co., Ltd., which holds 10.10% of KeyHolder’s voting rights. Despite these affiliations, KeyHolder maintains operational independence without being subject to business constraints from either J Trust or Shibuya Capital. Regarding transactions with related companies, KeyHolder ensures fair and just procedures similar to those used with general third-party suppliers.

Any transactions involving conflicts of interest require approval from the board of directors, and interested parties are excluded from such deliberations to protect minority shareholders' interests.

Original Disclosure (PDF)

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