Kurashiru Reports LINE as Dominant Shareholder with Significant Influence

TOKYO, Jun 30 (Pulse News Wire) – Kurashiru,Inc. (299A.T) disclosed that LINE is its dominant shareholder, holding a combined voting rights stake of 54.5%.

As of March 31, 2026, LINE Yahoo Co., Ltd. owns 39.1% of Kurashiru's shares directly and another 15.4% through subsidiaries, giving it significant influence over the company’s decision-making processes. Additionally, Kurashiru reported a transaction amount of ¥252.1 million with LINE Yahoo Co., Ltd., resulting in an accounts receivable balance of ¥913.2 million as of June 30, 2026.

The transactions adhere to general conditions similar to those with independent third parties, ensuring fair dealings. To protect minority shareholders, Kurashiru follows strict guidelines for related-party transactions involving dominant shareholders. Any transaction exceeding ¥30 million requires board approval to ensure economic rationality and fairness.

The company ensures compliance with laws and maintains transparent conditions comparable to those with unrelated companies, safeguarding minority interests.