TOKYO, Apr 30 (Pulse News Wire) – Ledax CO.,LTD. (7602.T) announced today that its subsidiary, Freedom Japan Co., Ltd., completed a third-party allocation capital increase involving Freedom Holding Corp.
(FRHC). The total number of shares issued was 1,800, raising funds amounting to ¥90 million. The subscription period for the issuance ran from April 30, 2026, to May 22, 2026, with each share priced at ¥50,000 per share. This capital increase aims to advance the joint venture operations established with FRHC and strengthen Freedom Japan's operational foundation. As a result, the company’s capital increased by ¥90 million and the capital reserve fund grew by ¥0. Following the completion of the capital increase, FRHC will hold 90% of the shares, while Ledax CO.,LTD.
Retains 10%. In related developments, the board of directors of Freedom Japan plans to appoint additional members nominated by FRHC. Specifically, Tamerlan Rakhimov, Executive Director of Freedom Bank JSC, and another nominee selected by FRHC are expected to join the board in mid-May 2026. Ledax CO.,LTD. continues to monitor the impact of this transaction on its consolidated earnings for the fiscal year ending March 31, 2026. Further updates will be disclosed as necessary based on progress in the joint venture activities.
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