Kit Alive [5039.S]

TOKYO, Mar 27 (Pulse News Wire) – 50390.t (5039.T) disclosed details about its majority shareholder and related party transactions. As of December 31, 2025, parent company TerraSky holds 50.50% of the voting rights through direct ownership.

TerraSky is also a significant supplier of Salesforce licenses and services to 50390.t. During the fiscal year ending December 31, 2025, 50390.t conducted various transactions totaling ¥16.427 billion with TerraSky, including sales of cloud services and procurement of licenses.

In addition to operational ties, one director of 50390.t concurrently serves as a CFO at TerraSky. Despite this affiliation, Kitasen maintains independent decision-making processes, ensuring fair conditions for all transactions and protecting minority shareholders' interests.

The company conducts thorough reviews of transaction necessity and fairness through board resolutions involving external directors.

Original Disclosure (PDF)

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